Wells Fargo & Company Cuts FrontView REIT (NYSE:FVR) Price Target to $20.00

Posted by Scott Moore on Feb 6th, 2025

FrontView REIT (NYSE:FVR – Free Report) had its price objective reduced by Wells Fargo & Company from $22.00 to $20.00 in a report issued on Monday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

A number of other equities analysts have also recently commented on the stock. Morgan Stanley reduced their price objective on shares of FrontView REIT from $23.00 to $22.00 and set an “overweight” rating for the company in a research report on Friday, January 3rd. Bank of America started coverage on shares of FrontView REIT in a report on Monday, October 28th. They set a “buy” rating and a $22.00 target price for the company. Capital One Financial assumed coverage on shares of FrontView REIT in a report on Tuesday, November 12th. They issued an “overweight” rating and a $22.00 price target on the stock. Finally, JPMorgan Chase & Co. initiated coverage on FrontView REIT in a report on Monday, October 28th. They set an “overweight” rating and a $21.00 price objective for the company. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $21.40.

Read Our Latest Stock Report on FrontView REIT

FrontView REIT Stock Up 1.3 %

FVR opened at $17.92 on Monday. FrontView REIT has a 12-month low of $15.30 and a 12-month high of $19.76. The company has a 50 day simple moving average of $18.06.

FrontView REIT Dividend Announcement

The firm also recently declared a — dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a $0.215 dividend. The ex-dividend date of this dividend was Tuesday, December 31st.

Hedge Funds Weigh In On FrontView REIT

A number of hedge funds have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC bought a new position in shares of FrontView REIT in the fourth quarter worth $73,000. Exchange Traded Concepts LLC acquired a new stake in FrontView REIT during the fourth quarter worth about $535,000. Bank of New York Mellon Corp bought a new position in FrontView REIT in the 4th quarter valued at about $563,000. Rhumbline Advisers acquired a new position in shares of FrontView REIT in the 4th quarter valued at approximately $295,000. Finally, State of New Jersey Common Pension Fund D bought a new stake in shares of FrontView REIT during the 4th quarter worth approximately $1,632,000.