Analyst Batya Levi of UBS maintained a Buy rating on Crown Castle, retaining the price target of $127.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Batya Levi has given her Buy rating due to a combination of factors including Crown Castle’s strong financial performance and strategic initiatives. The company’s third-quarter results exceeded expectations with site rental revenues, EBITDA, and AFFO surpassing market predictions. Management has raised its 2025 guidance, indicating confidence in continued growth driven by improved operational efficiencies and lower interest expenses.
Additionally, Crown Castle’s focus on becoming a more efficient U.S. Tower operator is expected to yield significant benefits. The anticipated synergies and interest savings following the sale of fiber and small cell assets are projected to enhance AFFO per share in 2026. This financial strength, coupled with healthy leasing activity and potential dividend growth, supports the positive outlook for Crown Castle’s stock.
According to TipRanks, Levi is a 2-star analyst with an average return of 0.0% and a 56.34% success rate.