Morgan Stanley Initiates Coverage On FrontView REIT with Overweight Rating, Announces Price Target of $23
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has initiated coverage on FrontView REIT with an Overweight rating and set a price target of $23.
October 28, 2024 | 11:53 am
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Morgan Stanley has initiated coverage on FrontView REIT with an Overweight rating and a price target of $23, indicating a positive outlook.
The initiation of coverage by a major financial institution like Morgan Stanley with an Overweight rating suggests a positive outlook for FrontView REIT. The price target of $23 indicates potential upside, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100