American Tower (AMT) Reports Q2 FFO of $1.33

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Go back to American Tower (AMT) Reports Q2 FFO of $1.33

Oppenheimer Remains Bullish on American Tower (AMT) Following 2Q Report

August 1, 2016 10:31 AM EDT

Oppenheimer reiterated an Outperform rating on American Tower (NYSE: AMT), and raised the price target to $128.00 (from $110.00), following the company's 2Q earnings report.

Analyst Timothy Horan commented, "AMT reported better-than-expected 2Q16 results, with strong international growth (+13.7%) offsetting slightly muted US growth (+5.6%), impacted by a $30M... More