Oppenheimer Maintains Outperform On Vector Group Shares, $25 PT
Oppenheimer analyst Ian Zaffino maintained an Outperform rating on Vector Group Ltd (NYSE:VGR) with a price target of $25.00.
Zaffino said, “We adjust our model to account for future minority interest, and not for fundamental reasons. Our new 2014E EPS is $0.58 (was $0.64) and our new 2015E is $0.64 (was $0.79). EBITDA estimates remain unchanged. Maintain Outperform rating and $25 price target.”
According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Ian Zaffino has a total average return of 7.3% and a 60.0% success rate. Zaffino has a 11.2% average return when recommending VGR, and is ranked #729 out of 3350 analysts.