<div id="readability-page-1"><p><span>American Tower (NYSE:AMT - Get Free Report)</span> had its price objective lowered by investment analysts at Barclays  from $251.00 to $215.00 in a report issued on Monday,Benzinga reports. The brokerage presently has an &#34;overweight&#34; rating on the real estate investment trust's stock. Barclays's price target points to a potential upside of 23.89% from the company's current price.</p><div><p><span></span><span>Get <strong>American Tower</strong> alerts:</span></p></div><ul><li>Should You Buy the Dip in Real Estate Stocks Now?</li></ul><p>Several other research firms have also commented on AMT. JPMorgan Chase &amp; Co. boosted their price target on shares of American Tower from $240.00 to $250.00 and gave the company an &#34;overweight&#34; rating in a report on Monday, September 23rd. BMO Capital Markets cut their price objective on shares of American Tower from $255.00 to $245.00 and set an &#34;outperform&#34; rating on the stock in a research report on Wednesday, October 30th. Mizuho cut their price objective on shares of American Tower from $221.00 to $204.00 and set a &#34;neutral&#34; rating on the stock in a research report on Wednesday, January 8th. The Goldman Sachs Group cut their price objective on shares of American Tower from $260.00 to $234.00 and set a &#34;buy&#34; rating on the stock in a research report on Thursday, December 12th. Finally, StockNews.com downgraded shares of American Tower from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating, eight have issued  a buy rating and one  has assigned  a strong buy rating to the stock. According to data from MarketBeat, American Tower presently has an average rating of &#34;Moderate Buy&#34; and an average price target of $230.67.</p><p><b>View Our Latest Stock Analysis on AMT</b></p><h2>American Tower Trading Down 3.2 %</h2><ul><li>2 Essential Data Center Solutions Providers Riding the AI Boom </li></ul><p>NYSE:AMT opened at $173.54 on Monday. American Tower has a one year low of $170.46 and a one year high of $243.56. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.69 and a current ratio of 0.69. The firm has a market cap of $81.09 billion, a P/E ratio of 73.22, a P/E/G ratio of 1.31 and a beta of 0.84. The firm has a 50-day simple moving average of $194.98 and a 200-day simple moving average of $211.92. </p><p>American Tower (NYSE:AMT - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The real estate investment trust reported $0.89 EPS for the quarter, missing the consensus estimate of $2.45 by ($1.56). American Tower had a net margin of 10.05% and a return on equity of 22.01%. The business had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter in the prior year, the firm posted $2.58 EPS. The company's revenue for the quarter was down 10.5% compared to the same quarter last year.  Equities analysts anticipate that  American Tower will post 10.08 EPS for the current fiscal year. </p><h2>Institutional Investors Weigh In On American Tower</h2><ul><li>REITs on the Rise After Rate Cuts: Where to Invest Now</li></ul><p>Hedge funds have recently modified their holdings of the business. Fortitude Family Office LLC raised its position in shares of  American Tower by 269.0% in the third quarter. Fortitude Family Office LLC now owns 107 shares of the real estate investment trust's stock valued at $25,000 after buying an additional 78 shares during the last quarter.  Fairscale Capital LLC acquired a new stake in shares of  American Tower in the second quarter valued at about $27,000.  Northwest Investment Counselors LLC acquired a new stake in shares of  American Tower in the third quarter valued at about $30,000.  Hara Capital LLC acquired a new stake in shares of  American Tower in the third quarter valued at about $31,000.  Finally, Legacy Investment Solutions LLC acquired a new stake in shares of  American Tower in the third quarter valued at about $34,000. 92.69% of the stock is currently owned by institutional investors and hedge funds. </p><h2>American Tower Company Profile</h2> (Get Free Report)<p>American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 224,000 communications sites and a highly interconnected footprint of U.S. data center facilities. </p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than American Tower</li><li>Top Stocks Investing in 5G Technology</li><li>3 Dividend Stocks With Growth Potential You Can’t Miss</li><li>How to Know Which Cryptocurrency to Buy: A Guide for Investors</li><li>2 Chinese EV Makers Setting Record Sales and Improving Margins</li><li>Quiet Period Expirations Explained</li><li>Top 3 Preferred Stock ETFs Offering Stability and High Dividends</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFNVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFNVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in American Tower Right Now?</h2><p>Before you consider American Tower, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Tower wasn't on the list.</p><p>While American Tower currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Barclays has lowered its target price for American Tower (NYSE:AMT) from $251.00 to $215.00 while maintaining an "overweight" rating. This adjustment suggests a potential upside of 23.89% from the current price. Other firms have also adjusted their ratings, with JPMorgan raising its target to $250.00 and BMO cutting it to $245.00. American Tower's stock has seen a decline of 3.2%, with a current price of $173.54, and the company reported a quarterly EPS of $0.89, missing estimates significantly.</p>

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Barclays Issues Pessimistic Forecast for American Tower (NYSE:AMT) Stock Price