JP Morgan Maintains Overweight on American Tower, Lowers Price Target to $218
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Philip Cusick maintains an Overweight rating on American Tower (NYSE:AMT) but lowers the price target from $265 to $218.

September 27, 2023 | 2:31 pm
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JP Morgan maintains an Overweight rating on American Tower but lowers the price target from $265 to $218.
The news is directly about American Tower (AMT). While the Overweight rating is maintained, the lowering of the price target could potentially create some uncertainty among investors, possibly leading to short-term price volatility. However, the impact on the stock's direction is not clear, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100