UBS analyst Batya Levi upgraded Crown Castle (CCI) to Buy from Neutral with an unchanged price target of $118, arguing that the newly announced deal to sell Crown’s fiber business for $8.5B establishes the company as a pure play U.S. tower company benefitting from strong visibility to growth, contractually locked-in demand and rising carrier investment. After a transition year, the firm expects AFFO per share to scale to $5.35 in 2026, the analyst tells investors.
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