Cowen analyst Gregory Williams raised the firm’s price target on Crown Castle to $152 from $149 and keeps an Outperform rating on the shares. The analyst noted the company reported in-line Q4 results and maintained 2023 guidance while management expressed confidence in this year being a "jump off for small cell acceleration."
Published first on TheFly
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Read More on CCI:
- Crown Castle Announces Tax Reporting Information for 2022 Distributions
- Crown Castle backs FY23 AFFO view $7.58-$7.68, consensus $7.63
- Crown Castle reports Q4 AFFO $1.85, consensus $1.83
- Crown Castle Reports Fourth Quarter and Full Year 2022 Results, Maintains Outlook for Full Year 2023
- Crown Castle downgraded to Sector Weight from Overweight at KeyBanc
