UPDATE: Imperial Capital Downgrades Vornado Realty Trust Following 4Q13 Earnings Report
February 26, 2014 at 07:49 AM EST
In a report published Wednesday, Imperial Capital analyst David Harris downgraded the rating on Vornado Realty Trust (NYSE: VNO ) from Outperform to In-Line, but reiterated the $96.00 price target. In the report, Imperial Capital noted, “We are lowering our rating to In Line from Outperform; maintaining our one-year price