Barclays Issues Pessimistic Forecast for Four Corners Property Trust (NYSE:FCPT) Stock Price

Barclays Issues Pessimistic Forecast for Four Corners Property Trust (NYSE:FCPT) Stock Price

Four Corners Property Trust (NYSE:FCPT – Get Free Report) had its target price dropped by analysts at Barclays from $30.00 to $29.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has an “equal weight” rating on the financial services provider’s stock. Barclays‘s price objective would indicate a potential upside of 12.50% from the company’s previous close. Other equities research analysts have also issued reports…

$2.2M Restaurant Property Deal: FCPT Adds Bojangles to Portfolio in Prime Tennessee Location

REIT Four Corners Property Trust acquires Bojangles location in Tennessee retail corridor for $2.2M. Triple net lease property with 6-year term remaining, priced at 7.1% cap rate.