Raymond James Maintains Outperform on American Tower, Lowers Price Target to $205
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Ric Prentiss has maintained an 'Outperform' rating on American Tower (NYSE:AMT), but lowered the price target from $211 to $205.
August 22, 2023 | 11:13 am
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American Tower's price target has been lowered from $211 to $205 by Raymond James, though the 'Outperform' rating is maintained.
The news is directly about American Tower (AMT). While the lowering of the price target might be seen as a negative, the maintenance of the 'Outperform' rating suggests that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100