Truist cuts target for Vornado Realty Trust stock to USD 35.00

Published on 10/07/2026 at 05:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Truist kept Hold while cutting its target from USD 39.00 to USD 35.00. Vornado Realty Trust stock had a EUR 29.70 prior close on October 6, 2026.

VNO, US9290421091, Illustration mit AI erstellt.

Vornado Realty Trust (ISIN US9290421091) had a EUR 29.70 prior close at Lang & Schwarz on October 6, 2026, as MarketBeat reported on September 21, 2026, that Truist Financial cut its Vornado target from USD 39.00 to USD 35.00 while maintaining a Hold rating. The target change gives investors a clearer measure of the cautious analyst stance than the flat euro reference price alone.

Truist lowers target to USD 35.00

The Truist action is the latest quantified analyst signal in the recent coverage cited by MarketBeat. The USD 4.00 reduction leaves the target below the USD 39.55 consensus target reported in the same coverage, while the overall rating remains Hold.

MarketBeat also listed four Buy ratings, five Hold ratings and four Sell ratings. That split points to a divided view of Vornado's recovery prospects rather than a uniform change in sentiment.

Second-quarter revenue rises 4.70 percent

Vornado reported USD 462.24 million in revenue for the second quarter of 2026, up 4.70 percent from the same period a year earlier, according to MarketBeat. The revenue result also exceeded the cited USD 454.46 million analyst estimate.

Adjusted earnings per share were not the bright spot: reported earnings per share of USD 0.08 came in below the USD 0.57 consensus estimate. The comparison shows why stronger revenue did not translate into a more constructive analyst view.

Stock stays below its yearly high

Vornado's market capitalization stood at USD 6.3 billion on October 6, 2026. The company is a New York-focused real estate investment trust with office, retail and mixed-use properties, including assets connected to the Penn District, according to StockAnalysis.

The Lang & Schwarz prior close was EUR 29.70 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Vornado Realty Trust stock.