Wells Fargo & Company Cuts FrontView REIT (NYSE:FVR) Price Target to $19.00

FrontView REIT (NYSE:FVR) had its price target reduced by Wells Fargo & Company from $20.00 to $19.00 in a research note published on Friday,Benzinga reports. They currently have an overweight rating on the stock.

Separately, Morgan Stanley dropped their target price on shares of FrontView REIT from $23.00 to $22.00 and set an “overweight” rating on the stock in a report on Friday, January 3rd. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $21.20.

FrontView REIT Price Performance

FrontView REIT stock opened at $14.52 on Friday. The stock’s 50 day moving average price is $16.95. FrontView REIT has a 52-week low of $14.45 and a 52-week high of $19.76.

Institutional Trading of FrontView REIT

Large investors have recently modified their holdings of the stock. Alyeska Investment Group L.P. bought a new position in FrontView REIT during the fourth quarter worth $26,597,000. Zimmer Partners LP bought a new position in shares of FrontView REIT during the 4th quarter worth about $23,571,000. Citadel Advisors LLC acquired a new stake in shares of FrontView REIT in the 4th quarter valued at about $15,410,000. Millennium Management LLC bought a new stake in FrontView REIT in the 4th quarter valued at about $13,525,000. Finally, Cbre Investment Management Listed Real Assets LLC acquired a new position in FrontView REIT during the 4th quarter worth approximately $12,626,000.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.