Buy signal blares for cell-tower stocks in 2017
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American Tower (AMT) PT Raised to $163 at Jefferies; Reiterates Buy
November 1, 2017 8:45 AM EDTJefferies raised its price target on American Tower (NYSE: AMT) to $163.00 (from $144.00) while maintaining a Buy rating following the company's 3Q earnings report. AMT reported inline revenue (despite India reserves), but better profitability and AFFO.
Management raised its outlook for property... More
