Morgan Stanley Maintains Equal-Weight on American Tower, Raises Price Target to $196
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simon Flannery has maintained an Equal-Weight rating on American Tower (NYSE:AMT) and increased the price target from $183 to $196.

April 15, 2024 | 4:05 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on American Tower and raises the price target to $196.
The increase in price target by Morgan Stanley suggests a positive outlook on American Tower's stock, potentially leading to short-term price appreciation. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector, but the raised target suggests an improved valuation perspective from the analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100