tiprankstipranks
Blurbs

Jefferies Keeps Their Buy Rating on American Tower (AMT)

Jefferies analyst Jonathan Petersen maintained a Buy rating on American Tower (AMTResearch Report) yesterday and set a price target of $300.00. The company’s shares closed last Tuesday at $255.49.

According to TipRanks.com, Petersen is a 5-star analyst with an average return of 9.5% and a 64.6% success rate. Petersen covers the Financial sector, focusing on stocks such as National Storage Affiliates, Rexford Industrial Realty, and First Industrial Realty.

American Tower has an analyst consensus of Strong Buy, with a price target consensus of $291.75, representing a 13.5% upside. In a report issued on July 1, KeyBanc also maintained a Buy rating on the stock with a $283.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

American Tower’s market cap is currently $117.7B and has a P/E ratio of 44.20.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Founded in 1995, Massachusetts-based American Tower Corp. is one of the largest real estate investment trusts and is a leading independent owner and operator of wireless and broadcast communications infrastructure in several countries worldwide.

Read More on AMT:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
---

Latest News Feed