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Vornado price target raised to $45 from $43 at Evercore ISI

Evercore ISI analyst Steve Sakwa raised the firm's price target on Vornado to $45 from $43 and keeps an Outperform rating on the shares. The office REIT sector saw a sharp rebound in Q2, suggesting that concerns around AI-driven disruption are easing, the analyst tells investors in a research note.

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Evercore ISI analyst Steve Sakwa raised the firm's price target on Vornado to $45 from $43 and keeps an Outperform rating on the shares.

The office REIT sector saw a sharp rebound in Q2, suggesting that concerns around AI-driven disruption are easing, the analyst tells investors in a research note.