Vornado Realty Trust (VNO) – Research Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Vornado Realty Trust (NYSE: VNO) in the last few weeks:

• 7/22/2026 – Vornado Realty Trust was downgraded by UBS Group AG to “underweight”.
• 7/22/2026 – Vornado Realty Trust was downgraded by Morgan Stanley from “equal weight” to “underweight”. They now have a $32.00 price target on the stock.
• 7/21/2026 – Vornado Realty Trust had its price target raised by Scotiabank from $38.00 to $40.00. They now have a “sector perform” rating on the stock.
• 7/21/2026 – Vornado Realty Trust had its price target raised by Piper Sandler from $28.00 to $42.00. They now have a “neutral” rating on the stock.
• 7/21/2026 – Vornado Realty Trust had its price target raised by Barclays PLC from $29.00 to $34.00. They now have an “underweight” rating on the stock.
• 7/21/2026 – Vornado Realty Trust had its price target raised by Mizuho from $34.00 to $42.00. They now have an “outperform” rating on the stock.
• 6/26/2026 – Vornado Realty Trust had its price target raised by Truist Financial Corporation from $28.00 to $39.00. They now have a “hold” rating on the stock.
• 6/18/2026 – Vornado Realty Trust had its price target raised by Scotiabank from $33.00 to $38.00. They now have a “sector perform” rating on the stock.
• 6/15/2026 – Vornado Realty Trust had its price target raised by BMO Capital Markets from $33.00 to $43.00. They now have an “outperform” rating on the stock.
• 6/10/2026 – Vornado Realty Trust had its price target raised by LADENBURG THALM/SH SH from $40.00 to $45.00. They now have a “buy” rating on the stock.
• 6/9/2026 – Vornado Realty Trust was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.

Insider Transactions at Vornado Realty Trust

In other news, Director Michael D. Fascitelli sold 133,350 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $36.62, for a total transaction of $4,883,277.00. Following the completion of the sale, the director owned 475,161 shares of the company’s stock, valued at approximately $17,400,395.82. This represents a 21.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Russell B. Wight, Jr. acquired 4,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was purchased at an average cost of $16.94 per share, for a total transaction of $67,760.00. Following the completion of the purchase, the director directly owned 13,000 shares of the company’s stock, valued at $220,220. The trade was a 44.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 9.00% of the company’s stock.

Vornado Realty Trust is a self‐administered real estate investment trust focused on the ownership, management and redevelopment of office and retail properties. As a fully integrated REIT, the company oversees leasing, property management, building operations and strategic capital improvements designed to enhance asset value and tenant experience. Vornado’s business model emphasizes long‐term cash flow generation through stable rental income and disciplined portfolio optimization.

The company’s core portfolio is concentrated in New York City, where it holds a diverse mix of office towers and street‐level retail assets in prominent submarkets such as Midtown and the Penn Plaza corridor.