Morgan Stanley Downgrades Vornado Realty Trust to Underweight, Maintains Price Target to $32

Benzinga Newsdesk www.benzinga.com Negative 90.3%

Neg 90.3% Neu 0% Pos 0%

Morgan Stanley analyst Ronald Kamdem downgrades Vornado Realty Trust (NYSE:VNO) from Equal-Weight to Underweight and maintains the price target from $32 to $32.