Jefferies Maintains Buy on Crown Castle, Lowers Price Target to $123
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Jonathan Petersen maintains a Buy rating on Crown Castle (NYSE:CCI) but lowers the price target from $126 to $123.

April 18, 2024 | 2:46 pm
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Jefferies maintains a Buy rating on Crown Castle but lowers the price target from $126 to $123.
The adjustment in price target by Jefferies reflects a slight change in valuation expectation for Crown Castle, though the Buy rating indicates continued confidence in the company's performance. The reduction in price target might have a neutral to slightly negative short-term impact on the stock price as it adjusts to the new analyst expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100