Raymond James Upgrades American Tower (AMT) to Strong Buy
Raymond James upgraded American Tower (NYSE: AMT) from Outperform to Strong Buy with a price target of $97.00 (from $92.00). Analyst Ric Prentiss noted strong fundamentals and thinks investors should buy given weakness from a "somewhat dubious short attack". He sees significant M&A and buybacks.
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 $70.79 yesterday, with a 52 week range of $68.87-$85.26.
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 $70.79 yesterday, with a 52 week range of $68.87-$85.26.