BMO Capital Maintains Outperform on American Tower, Lowers Price Target to $228
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Ari Klein maintains an Outperform rating on American Tower (NYSE:AMT) but lowers the price target from $235 to $228.
February 28, 2024 | 2:26 pm
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BMO Capital maintains an Outperform rating on American Tower but lowers the price target from $235 to $228.
While the reduction in the price target from $235 to $228 by BMO Capital could suggest a slightly less optimistic view on the stock's short-term price potential, the maintenance of an Outperform rating indicates a continued positive outlook on the company's performance. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the reaffirmed positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100