BofA analyst Joshua Dennerlein initiated coverage of FrontView REIT (FVR) with a Buy rating and $22 price target FrontView is a net lease REIT that owns 278 properties in high-traffic locations across 31 states that are typically operated under long term leases, notes the analyst. The firm’s Buy rating is supported by the easing rate environment, the company’s diverse tenant base and external growth opportunities, the analyst tells investors.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FVR: