RBC Capital Maintains Sector Perform on Crown Castle, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jonathan Atkin maintains a Sector Perform rating on Crown Castle (NYSE:CCI) and lowers the price target from $109 to $100.
May 07, 2024 | 3:19 pm
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RBC Capital maintains a Sector Perform rating on Crown Castle and lowers the price target from $109 to $100.
The reduction in the price target by RBC Capital suggests a bearish outlook on Crown Castle's short-term price potential, likely due to perceived challenges or limited upside at the current valuation. This could lead to a negative sentiment among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100