Vornado Realty raised at J.P. Morgan on recent pullback in share prices, strong fundamentals

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2025.11.24 16:27
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J.P. Morgan upgraded Vornado Realty Trust from Underweight to Neutral due to a recent share price pullback and strong fundamentals. Despite concerns over NYC's new mayor and job market, Vornado's office leasing remains strong. The December 2026 price target is $41.00, aligning with average analyst ratings. SA authors rate the stock as Buy.