Barclays Maintains Overweight on American Tower, Raises Price Target to $234
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brendan Lynch maintains an Overweight rating on American Tower (NYSE:AMT) and raises the price target from $224 to $234.
March 05, 2024 | 11:28 am
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Barclays maintains an Overweight rating on American Tower and raises the price target from $224 to $234.
The upgrade in the price target by Barclays, a reputable financial institution, suggests a strong confidence in American Tower's future performance. This is likely to be viewed positively by the market, potentially leading to a short-term increase in AMT's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100