JPMorgan lowered the firm’s price target on Crown Castle (CCI) to $115 from $120 and keeps a Neutral rating on the shares. The company reported solid Q3 results, the analyst tells investors in a research note. The firm says Crown Castle is improving its operations and reducing costs as it prepares to sell its fiber business.
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- Crown Castle’s Strong Financial Performance and Strategic Positioning Justify Buy Rating with $115 Price Target
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