VNO Surpasses Average Analyst Expectations

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Shares of Vornado Realty Trust (Symbol: VNO) recently traded at $46.60, surpassing the average analyst 12-month target price of $46.11. This movement comes as analysts must now decide on future ratings, balancing valuation concerns against the company’s business developments.

Current analyst sentiment is varied, with 9 analysts contributing to the average target. Specific targets range from a low of $36.00 to a high of $52.00, with a standard deviation of $4.648. Recent ratings show 2 Strong Buy, 5 Hold, and 2 Strong Sell recommendations, reflecting a mixed outlook.

The average rating for Vornado Realty Trust is 2.92, meaning investors are encouraged to assess whether the current price indicates further growth potential or if they should consider taking profits.

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