BMO Capital Initiates Coverage On Crown Castle with Underperform Rating, Announces Price Target of $113
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Ari Klein initiates coverage on Crown Castle (NYSE:CCI) with an Underperform rating and announces a price target of $113.
July 13, 2023 | 9:39 am
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NEGATIVE IMPACT
Crown Castle's stock may be negatively impacted in the short term due to the Underperform rating and price target of $113 announced by BMO Capital.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, BMO Capital's Underperform rating and price target of $113 for Crown Castle suggest that the analyst believes the stock is currently overvalued, which could lead to selling pressure and a potential decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100