Vornado Realty Trust Price Target Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded its price target for Vornado Realty Trust (NYSE:VNO) to $39.00, representing a potential upside of 11.80% from the company's current price.

This is not the only revision to the stock's price target in recent times. Piper Sandler raised their price objective on Vornado Realty Trust from $42.00 to $44.00 and gave the stock a 'neutral' rating, while Barclays lifted their target price on Vornado Realty Trust from $29.00 to $34.00 with an 'underweight' rating.

Vornado Realty Trust had its quarterly earnings data released on Monday, August 3rd. The real estate investment trust reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.57 by ($0.49).