BMO Capital Upgrades Crown Castle to Market Perform, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Ari Klein has upgraded Crown Castle (NYSE:CCI) from Underperform to Market Perform and increased the price target from $107 to $110.
January 19, 2024 | 10:41 am
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Crown Castle's stock rating has been upgraded by BMO Capital from Underperform to Market Perform, with a price target increase from $107 to $110.
Upgrades by analysts typically lead to a positive short-term reaction in the stock market as they suggest improved performance or outlook for the company. The increase in price target further supports the notion that the company's future prospects may be better than previously expected.
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