RBC Capital Remains a Buy on American Tower (AMT)
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Jonathan Atkin maintained a Buy rating on American Tower (AMT) with a $205 price target, noting the stock closed at $174.46. This aligns with Bernstein's recent Buy rating and $214 target. The broader analyst consensus for AMT is Strong Buy, with an average price target of $213.50, implying significant upside potential.
RBC Capital analyst Jonathan Atkin maintained a Buy rating on American Tower on July 30 and set a price target of $205.00. The company’s shares closed yesterday at $174.46.
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According to TipRanks, Atkin is a 5-star analyst with an average return of 8.9% and a 60.85% success rate. Atkin covers the Real Estate sector, focusing on stocks such as American Tower, Crown Castle, and Digital Realty.
American Tower has an analyst consensus of Strong Buy, with a price target consensus of $213.50, a 22.38% upside from current levels. In a report released on July 29, Bernstein also maintained a Buy rating on the stock with a $214.00 price target.