Franklin Street Properties Appoints New Board Director
Franklin Street Properties Corp. announced the resignation of Bruce J. Schanzer from its Board of Directors on October 9, 2025, with no disagreements. Jennifer Bitterman has been appointed as his replacement on October 15, 2025, as part of a cooperation agreement with Converium Capital and Erez Asset Management. Bitterman will also serve on the Audit and Compensation Committees. The latest analyst rating for FSP stock is a Hold with a $1.50 price target, reflecting concerns over weak financial performance and a bearish technical trend.
Franklin Street Properties ( (FSP) ) just unveiled an announcement.
Franklin Street Properties Corp. announced that Bruce J. Schanzer resigned from its Board of Directors on October 9, 2025, without any disagreement regarding the company’s operations. Subsequently, the company appointed Jennifer Bitterman as a replacement director on October 15, 2025, under a cooperation agreement with Converium Capital and Erez Asset Management. Bitterman, with extensive experience in asset management and real estate, will also serve on the Audit and Compensation Committees. This move is part of a strategic alignment with key stakeholders and aims to ensure continued effective governance.
The most recent analyst rating on (FSP) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Franklin Street Properties stock, see the FSP Stock Forecast page.
Spark’s Take on FSP Stock
According to Spark, TipRanks’ AI Analyst, FSP is a Neutral.
Franklin Street Properties’ overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues and persistent losses. Technical analysis indicates a bearish trend, and valuation concerns arise from a negative P/E ratio. The modest dividend yield provides limited offset to these challenges.
To see Spark’s full report on FSP stock, click here.
More about Franklin Street Properties
Average Trading Volume: 356,980
Technical Sentiment Signal: Strong Sell
Current Market Cap: $151.4M
Learn more about FSP stock on TipRanks’ Stock Analysis page.
