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Vornado price target raised to $28 from $26 at Morgan Stanley

Vornado price target raised to $28 from $26 at Morgan Stanley

Morgan Stanley analyst Ronald Kamdem raised the firm’s price target on Vornado (VNO) to $28 from $26 and keeps an Equal Weight rating on the shares. The firm lowered its FY25 FFO per share estimate to $2.19 from $2.21, the analyst noted.

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