Job opening data in REIT markets
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Wall Street Downgrades Vornado Realty Trust as Office REITs Lead Sector Losses
Yahoo Finance· 2026-03-31 14:05
Vornado Realty Trust (NYSE:VNO) is drawing fresh analyst scrutiny as office REITs cement their position as the worst-performing REIT subsector year-to-date. Morgan Stanley trimmed its price target on Vornado to $28 from $32, maintaining an Equal Weight rating, as the firm updated its office sector analysis with a refresh of job opening data across REIT markets. With shares already down 23.71% year-to-date and trading near $25.52, the stock is just above its 52-week low of $24.57. The cut reinforces a cauti ...