RBC Capital analyst Jonathan Atkin raised the firm’s price target on American Tower (AMT) to $250 from $240 and keeps an Outperform rating on the shares. The firm has updated its model for Q1 results and management’s updated 2025 outlook, which increased due to FX. RBC believes U.S. tower performance can exceed guidance based on strong carrier activity that it is seeing, while operating trends at CoreSite remain strong.
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