BMO Capital Maintains Market Perform on Crown Castle, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Ari Klein maintains a Market Perform rating on Crown Castle (NYSE:CCI) and lowers the price target from $110 to $105.
April 18, 2024 | 11:56 am
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Crown Castle's price target was reduced from $110 to $105 by BMO Capital, while maintaining a Market Perform rating.
The reduction in price target by BMO Capital suggests a bearish outlook on Crown Castle's stock in the short term, potentially leading to a negative impact on its stock price. The maintenance of a Market Perform rating indicates a neutral long-term view, but the immediate effect of the price target cut could lead to decreased investor confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100