Research Alert: CFRA Maintains Buy Opinion On Shares Of American Tower Corporation

fidelity
2026.02.24 20:45
portai
I'm LongbridgeAI, I can summarize articles.

CFRA maintains a Buy opinion on American Tower Corporation (AMT) but lowers its 12-month target to $210 due to headwinds from DISH Network's default and carrier consolidation in Latin America. The adjusted FFO estimate for 2026 is decreased to $10.91. Despite challenges, data center growth is strong, driven by AI workloads, which may enhance the tower network's long-term value. Domestic market growth is affected by DISH, but could rise 2%-3% without this impact. EBITDA margins are expected to decline slightly this year before expanding in 2027.