Argus Downgrades Crown Castle (CCI) to Hold

Crown Castle (CCI) PT Lowered to $105 at BofA Securities

BofA Securities analyst David Barden lowered the price target on Crown Castle (NYSE: CCI) to $105.00 (from $120.00) while maintaining a Neutral rating.

The analyst comments "CCI reported 1Q24 results that beat our estimates on adj. EBITDA and came in line on AFFO/sh. (see Exhibit 1).... More

Crown Castle (CCI) PT Lowered to $100 at Wells Fargo

Wells Fargo analyst Eric Luebchow lowered the price target on Crown Castle (NYSE: CCI) to $100.00 (from $115.00) while maintaining a Equal Weight rating.

The analyst comments "Change is afoot at CCI as incoming CEO, Steven Moskowitz, wraps his arms around strategic review of the Fiber... More

Barclays Reiterates Equalweight Rating on Crown Castle (CCI)

Barclays analyst Tim Long reiterated an Equalweight rating and $111.00 price target on Crown Castle (NYSE: CCI).

"Chairman Robert Bartolo introduced new CEO Steven Moskowitz and provided a constructive update on the strategic review of the fiber businesses. Timing is unclear, but... More

Crown Castle (CCI) PT Lowered to $123 at Jefferies

Jefferies analyst Jonathan Petersen lowered the price target on Crown Castle (NYSE: CCI) to $123.00 (from $126.00) while maintaining a Buy rating.... More

Crown Castle (CCI) PT Lowered to $118 at Scotiabank

(Updated - April 18, 2024 7:13 AM EDT)

Scotiabank analyst Maher Yaghi lowered the price target on Crown Castle (NYSE: CCI) to $118.00 (from $133.00) while maintaining a Sector Perform rating.

The analyst commented: "Q1 results were generally in line with expectations. While results have been... More

Crown Castle (CCI) PT Lowered to $105 at BMO Capital

(Updated - April 18, 2024 7:53 AM EDT)

BMO Capital analyst Ari Klein lowered the price target on Crown Castle (NYSE: CCI) to $105.00 (from $110.00) while maintaining a Market Perform rating.

The analyst commented, "CCI delivered generally solid Q1 results with in-line AFFOps, EBITDA upside, and... More

Crown Castle (CCI) PT Lowered to $126 at Citi

Citi analyst Michael Rollins lowered the price target on Crown Castle (NYSE: CCI) to $126.00 (from $132.00) while maintaining a Buy rating.

The analyst comments "Crown reported solid 1Q24 results, while reaffirming the FY24 financial outlook. We are updating our model for 1Q24 results with... More

Crown Castle (CCI) Tops Q1 EPS by 1c; maintains outlook for FY24

Crown Castle (NYSE: CCI) reported Q1 EPS of $0.71, $0.01 better than the analyst estimate of $0.70. Revenue for the quarter came in at $1.59 billion versus the consensus estimate of $1.63 billion.

GUIDANCE:

Crown Castle sees FY2024 EPS of $2.79-$2.97, versus the consensus of... More