Raymond James Maintains Outperform on Crown Castle, Lowers Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Ric Prentiss has maintained an 'Outperform' rating on Crown Castle (NYSE:CCI) but lowered the price target from $126 to $104.

October 20, 2023 | 1:14 pm
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Crown Castle's price target has been lowered by Raymond James from $126 to $104, though the 'Outperform' rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100