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

FrontView REIT (NYSE:FVR) had its target price trimmed by Wells Fargo & Company from $20.00 to $19.00 in a research report sent to investors on Friday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

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

FrontView REIT Stock Performance

Shares of FrontView REIT stock opened at $14.52 on Friday. FrontView REIT has a 52 week low of $14.45 and a 52 week high of $19.76. The company has a 50 day moving average of $16.95.

Institutional Investors Weigh In On FrontView REIT

Hedge funds and other institutional investors have recently bought and sold shares of the business. Asset Management One Co. Ltd. purchased a new position in shares of FrontView REIT in the fourth quarter valued at $178,000. Cbre Investment Management Listed Real Assets LLC purchased a new position in shares of FrontView REIT in the fourth quarter valued at $12,626,000. Nisa Investment Advisors LLC purchased a new position in shares of FrontView REIT in the fourth quarter valued at $73,000. Rhumbline Advisers purchased a new position in shares of FrontView REIT in the fourth quarter valued at $295,000. Finally, State of New Jersey Common Pension Fund D purchased a new position in shares of FrontView REIT in the fourth quarter valued at $1,632,000.

About FrontView REIT

FrontView REIT specializes in real estate investing.