Citigroup Maintains Buy on American Tower, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Rollins has maintained a 'Buy' rating on American Tower (NYSE:AMT) but lowered the price target from $230 to $200.
October 17, 2023 | 3:23 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Citigroup has maintained a 'Buy' rating on American Tower but lowered the price target from $230 to $200.
While the 'Buy' rating is maintained, the lowered price target could indicate a potential decrease in the expected future value of the stock. However, the impact on the stock price in the short term is uncertain as it depends on how investors interpret this news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100