In a report released today, John Kim from BMO Capital downgraded Vornado Realty (VNO – Research Report) to Hold, with a price target of $40.00. The company's shares closed last Friday at $35.54, close to its 52-week low of $32.48. According to TipRanks.com, Kim is a 4-star analyst with an average return of 2.5% and a 51.4% success rate. Kim covers the Financial sector, focusing on stocks such as Easterly Government Properties, National Health Investors, and Hudson Pacific Properties. Currently, the analyst consensus on Vornado Realty is a Moderate Sell with an average price target of $41.00.
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