Vornado Realty Trust (NYSE:VNO) ranks among the best cheap rising stocks to invest in now. On September 12, Truist Securities maintained its Hold rating on Vornado Realty Trust (NYSE:VNO), and increased its price target from $38 to $40. The price target hike reflects improving leasing trends in New York City, as well as the positive impact of reduced interest rates.
Pixabay/Public domain
Truist Securities expects Vornado’s portfolio occupancy to increase due to solid leasing activity, manageable near-term lease expirations, and what it refers to as “very strong rent spreads.”
While Vornado’s cash flow has been declining for a while, with negative funds available for distribution (FAD) reported in the second quarter of 2025,Truist Securities pointed out that future earnings growth might spike.
Vornado Realty Trust is a real estate investment trust that owns and develops high-quality office and retail assets in New York City, Chicago, and San Francisco.
READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.
This article is originally published at Insider Monkey.
