Scotiabank Maintains Sector Outperform on American Tower, Lowers Price Target to $236
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Maher Yaghi maintains a Sector Outperform rating on American Tower (NYSE:AMT) but lowers the price target from $248 to $236.
October 30, 2024 | 7:12 pm
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Scotiabank's analyst Maher Yaghi continues to rate American Tower as Sector Outperform but reduces the price target from $248 to $236, indicating a slightly less optimistic outlook.
The maintained Sector Outperform rating suggests continued confidence in AMT's performance, but the lowered price target reflects a tempered outlook, possibly due to market conditions or company-specific factors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100