BMO Capital initiated coverage of Four Corners Property Trust (FCPT) with a Market Perform rating and $27 price target The firm views the stock’s current valuation as fair. The company’s earnings growth is solid but inline with peers, the analyst tells investors in a research note.
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Read More on FCPT:
- Four Corners Property Trust: Quality Net-Lease Fundamentals Largely Priced In, Justifying Market Perform Rating
- Four Corners Property Trust acquires NVA property for $4.4M
- Four Corners Property Trust Secures New Term Loan Facility
- Four Corners Property Trust acquires Chili’s property for $2.3M
- Four Corners Property Trust Adds Veteran Finance Leader
