Stifel Nicolaus Starts American Tower (AMT) at Buy, Shares up Today

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Stifel Nicolaus initiates coverage on shares of American Tower (NYSE: AMT) with a Buy rating and $72 price target. Shares are up 3.9% on the day following the closer of the AT&T (NYSE: T) and T-Mobile merger.

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 $57.18 yesterday, with a 52 week range of $46.04-$59.68.

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