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Vornado Realty Trust (VNO) [hlAlert]

Hold VNO
up 13.95 %

Vornado Realty Trust (VNO) downgraded to Hold with price target $85 by Argus

Posted on: Thursday,  Mar 8, 2012  8:25 AM ET by Argus

Argus rated Hold Vornado Realty Trust (NYSE: VNO) on 03/08/2012. Previously Argus rated Buy Vornado Realty Trust (NYSE: VNO) on 12/14/2009.,
when the stock price was $70.58. Since then, Vornado Realty Trust has gained 13.96% as of 03/08/2012's recent price of $80.43.
If you would have followed the previous Argus's recommendation on VNO, you would have gained 13.95% of your investment in 815 days.

Vornado Realty Trust is a fully-integrated real estate investment trust. The company owns, directly or indirectly, the following: Office Building Properties; Retail Properties; Merchandise Mart Properties; Temperature Controlled Logistics; and Other Real Estate Investments. It is one of the largest property owners in New York City.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/8/2012 8:25 AM Hold
80.43 85.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  4.64 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/14/2009 3:25 PM Buy
70.58 78.00

(*) Stock Price at the time of the recommendation.
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