July 18, 2017 JBG Smith, spin-off of Vornado started trading at $37.24. Our Target Price, $48 shows an upside 29%. BUY recommendation. The spin is tax-free. JBGS falls out of SPX 500. We expect selling pressure. Spin-Off Research, leading independent research provider to Institutional Investors
July 18, 2017 JBG Smith, spin-off of Vornado started trading at $37.24. Our Target Price, $48 shows an upside 29%. BUY recommendation. The spin is tax-free. JBGS falls out of SPX 500. We expect selling pressure. Spin-Off Research, leading independent research provider to Institutional Investors
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