** Real estate investment firm Veris Residential's VRE.N shares up ~1.4% at $18.35

** Bank of America upgrades VRE to "buy" from "neutral"

** Brokerage says market is underestimating VRE's internal growth profile

** BofA raises PT to $23 from $20, a ~27% upside on stock's last close

** Three of 6 brokerages rate the stock "buy" or higher, 2 "hold" and 1 "sell"; their median PT is $19 - LSEG data

** Including session's moves, stock up ~17% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))