Morgan Stanley Maintains Equal-Weight on American Tower, Lowers Price Target to $169
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simon Flannery has maintained an Equal-Weight rating on American Tower (NYSE:AMT) but lowered the price target from $212 to $169.
October 16, 2023 | 12:18 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on American Tower but lowered the price target from $212 to $169, which could potentially impact the stock's performance.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the value of American Tower's stock. This could lead to a negative short-term impact on the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100