Canaccord Genuity Maintains a 'Buy' on American Tower (AMT); Solid Across The Board
Tweet Send to a FriendGet Alerts AMT Hot Sheet
Price: $77.29 --0%
Rating Summary:
14 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 1 | New: 1
Rating Summary:
14 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 1 | New: 1
Trade AMT Now!
Canaccord Genuity maintains a 'Buy' on American Tower (NYSE: AMT) price target raised to $72.
Analyst, Greg Miller, said, "With yet another predictably solid quarterly report that included some one-time benefits that further bolstered results, we are adjusting our estimates and increasing our price target. We continue to believe the tailwinds benefitting the tower industry represent the single most obvious positive trend in the entire communications services industry. Further, with AMT’s recent conversion to REIT, it has and likely will continue to generate significant interest from a new group of investors."
For an analyst ratings summary and ratings history on American Tower click here. For more ratings news on American Tower click here.
Shares of American Tower closed at $67.05 yesterday, with a 52 week range of $46.04-$68.52.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Analyst, Greg Miller, said, "With yet another predictably solid quarterly report that included some one-time benefits that further bolstered results, we are adjusting our estimates and increasing our price target. We continue to believe the tailwinds benefitting the tower industry represent the single most obvious positive trend in the entire communications services industry. Further, with AMT’s recent conversion to REIT, it has and likely will continue to generate significant interest from a new group of investors."
For an analyst ratings summary and ratings history on American Tower click here. For more ratings news on American Tower click here.
Shares of American Tower closed at $67.05 yesterday, with a 52 week range of $46.04-$68.52.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Morgan Stanley Maintains Bullish Stance on Walter Energy (WLT)
- Goldman Sachs Upgrades Enbridge (ENB) to Conviction Buy
- Deutsche Bank Starts Quintiles (Q) at Buy
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS View, Analyst PT Change
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
