BUZZ-JP Morgan lowers PT on American Towers, Crown Castle, and SBA Communications
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JP Morgan has lowered price targets for American Tower (AMT) to $245, Crown Castle (CCI) to $110, and SBA Communications (SBAC) to $240. The brokerage revised its leasing forecasts due to potential impacts from EchoStar/DISH, projecting 2026 new revenue of $138 million for AMT, $91 million for CCI, and $38 million for SBAC. This change is expected to negatively affect results from Q3 2026 onward, with 2025 stock performance showing declines for all three companies.
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