Deutsche Bank analyst Matthew Niknam lowered the firm’s price target on American Tower to $245 from $254 and keeps a Buy rating on the shares. The analyst updated estimates post the company’s Q4 results and recent debt raise.
Published first on TheFly
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- American Tower price target lowered to $230 from $240 at RBC Capital
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- American Tower sees FY23 AFFO 9.49 -$ 9.72 down 1.6%
- American Tower reports Q4 FFO $2.34, consensus $2.22
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