Morgan Stanley Cuts Vornado Realty Trust (NYSE:VNO) Price Target to $28.00

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Morgan Stanley has lowered its price target for Vornado Realty Trust (NYSE:VNO) from $32.00 to $28.00, maintaining an “equal weight” rating. This adjustment implies a potential upside of 7.68% from the current stock price. Other analysts have also trimmed their targets, resulting in a consensus “Hold” rating and a price target of $35.55 for the company.

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