Deutsche Bank says the “pendulum has swung too far,” creating greater relative upside to tower stocks over the next twelve months. The tower stocks “now appear to offer a very attractive entry point for investors looking to position more defensively following the recent market run, with more meaningful upside potential over a longer-term time frame,” the analyst tells investors in a research note. The analyst covers American Tower (AMT), Crown Castle (CCI) and SBA Communications (SBAC).
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