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Fly News Breaks for March 7, 2018
VNO
Mar 7, 2018 | 09:34 EDT
SunTrust analyst Michael Lewis lowered his price target on Vornado to $78 following the company's expectations of "flattish same-store NOI". Lewis keeps his Buy rating on the stock however, noting there is still plenty of upside in terms of the price given its "relatively attractive FFO/FAD PEG ratios and a 32% discount to NAV".
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