Crown Castle price target lowered to $144 from $162 at RBC Capital

RBC Capital analyst Jonathan Atkin lowered the firm’s price target on Crown Castle to $144 from $162 but keeps an Outperform rating on the shares. The company posted a "solid" set of Q1 results, though the firm is assigning a more conservative blended AFFO multiple, reflecting a lower small-cell/fiber valuation, the analyst tells investors in a research note.