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J.P. Morgan downgrades FrontView to 'neutral'

ReutersJun 17, 2025 1:43 PM

J.P. Morgan downgrades commercial REIT FrontView FVR.N to "neutral" from "overweight" rating, citing sudden changes in the management team

On Monday, FVR announced that its co-CEO and CFO Randall Starr was terminated

"Sudden changes in the management team less than one year since the company's IPO may make it difficult to execute its growth plan and be challenging to return to investor radars," says JPM

Brokerage cuts PT to $12 from $14, which still represents about 4% upside to stock's last close

Including session's moves, stock down ~36.4% YTD

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