American Tower Partners With Stonepeak in U.S. Data Center Business
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American Tower (AMT) PT Raised to $300 at Jefferies
July 13, 2022 7:53 AM EDTJefferies analyst Jonathan Petersen raised the price target on American Tower (NYSE: AMT) to $300.00 (from $293.00) while maintaining a Buy rating.
The analyst commented, "AMT announced it has agreed to sell a ~29% stake in its data center business. At a ~3.7% cap rate,... More
