American Tower (AMT) Reports Q2 AFFO/share of $2.79; raises forecast

Go back to American Tower (AMT) Reports Q2 AFFO/share of $2.79; raises forecast

American Tower (AMT) PT Raised to $246 at BMO Capital

July 30, 2024 4:32 PM EDT

BMO Capital analyst Ari Klein raised the price target on American Tower (NYSE: AMT) to $246.00 (from $225.00) while maintaining a Outperform rating.

The analyst comments "AMT's 2Q delivered better organic growth in all regions, CoreSite's second highest leasing quarter, property revenue/EBITDA/AFFO... More