Analyst Expectations for American Tower's Future
Portfolio Pulse from Benzinga Insights
In the last quarter, American Tower (NYSE:AMT) received 5 somewhat bullish and 2 indifferent analyst ratings. The company's average 12-month price target is $210.43, a decrease of 8.23% from the previous average of $229.29.
October 16, 2023 | 1:00 pm
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American Tower has received a mix of somewhat bullish and indifferent analyst ratings. The decrease in the average price target suggests a potential short-term downward pressure on the stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock price. The decrease in the average price target for American Tower suggests that analysts are less optimistic about the company's future performance, which could lead to a decrease in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100