---
title: "This Vornado Realty Trust Analyst Turns Bearish; Here Are Top 5 Downgrades For Wednesday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293500164.md"
description: "Top Wall Street analysts downgraded several stocks on Wednesday. Morgan Stanley downgraded Vornado Realty Trust (VNO) to Underweight with a $32 price target. DA Davidson cut Utz Brands (UTZ) to Neutral, lowering the target to $14.25. JP Morgan downgraded Crown Holdings (CCK) to Neutral but raised its target to $121. Citigroup downgraded Marsh & McLennan (MMC) to Neutral, maintaining a $200 target. Citizens downgraded Pegasystems (PEGA) to Market Perform."
datetime: "2026-07-22T16:29:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293500164.md)
  - [en](https://longbridge.com/en/news/293500164.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293500164.md)
---

# This Vornado Realty Trust Analyst Turns Bearish; Here Are Top 5 Downgrades For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

-   Morgan Stanley analyst Ronald Kamdem downgraded **Vornado Realty Trust** (NYSE:VNO) from Equal-Weight to Underweight and maintained the price target of $32. Vornado Realty Trust shares closed at $39.97 on Tuesday. See how other analysts view this stock.
-   DA Davidson analyst Matt Curtis downgraded **Utz Brands Inc** (NYSE:UTZ) from Buy to Neutral and cut the price target from $15 to $14.25. Utz Brands shares closed at $14.06 on Tuesday. See how other analysts view this stock.
-   JP Morgan analyst Jeffrey Zekauskas downgraded **Crown Holdings Inc** (NYSE:CCK) from Overweight to Neutral and raised the price target from $107 to $121. Crown Holdings shares closed at $117.99 on Tuesday. See how other analysts view this stock.
-   Citigroup analyst Matthew Heimermann downgraded **Marsh & McLennan Companies, Inc** (NYSE:MRSH) from Buy to Neutral and maintained the price target of $200. Marsh shares closed at $181.59 on Tuesday. See how other analysts view this stock.
-   Citizens analyst Patrick Walravens downgraded **Pegasystems Inc.** (NASDAQ:PEGA) from Market Outperform to Market Perform. Pegasystems shares closed at $30.94 on Tuesday. See how other analysts view this stock.

Considering buying VNO stock? Here’s what analysts think:

_Photo via Shutterstock_

### Related Stocks

- [PEGA.US](https://longbridge.com/en/quote/PEGA.US.md)
- [VNO.US](https://longbridge.com/en/quote/VNO.US.md)
- [MRSH.US](https://longbridge.com/en/quote/MRSH.US.md)
- [CCK.US](https://longbridge.com/en/quote/CCK.US.md)
- [UTZ.US](https://longbridge.com/en/quote/UTZ.US.md)
- [MMC.US](https://longbridge.com/en/quote/MMC.US.md)

## Related News & Research

- [Vornado Realty Trust Q2 adjusted FFO per share rises on new rent commencements](https://longbridge.com/en/news/294738522.md)
- [Utz Cheese Balls Brought the Crunch to Beer Bowl 2026 in Support of the Eagles Autism Foundation | UTZ Stock News](https://longbridge.com/en/news/294525305.md)
- [Utz Brands Q2 adjusted EPS misses estimates, expects Intersnack acquisition to close by Q4 FY26](https://longbridge.com/en/news/294951983.md)
- [Vornado Realty Trust (NYSE:VNO) Releases Earnings Results, Beats Expectations By $0.12 EPS](https://longbridge.com/en/news/294738082.md)
- [VNO: Q2 2026 FFO as adjusted rose 16% year-over-year, with strong New York leasing and major capital moves](https://longbridge.com/en/news/294736775.md)