American Tower Corporation (AMT) has been very active lately, covering aspects such as dividend declarations, senior notes offerings, and stocks being bought by the likes of Fortis Capital Advisors LLC and Robeco Institutional Asset Management B.V. The company surpassed Q3 AFFO & revenue estimates but also witnessed dividend cuts. A number of sources recommend investing in AMT due to its role in upcoming investor conferences and promising international market performance. The company achieved mixed results for Q4 and full Year 2023, yet showed promise in dividends and overall growth. The corporation plans to end operations in India for $2.5B, and also sold India business for a similar amount. Furthermore, American Tower plans to sell India business and has also been involved in deals in Africa with MTN Nigeria. Despite market fluctuations, AMT managed to stay profitable and hold strong addition value for any portfolio, making it a recommended stock from many brokerage firms.
American Tower Corporation AMT News Analytics from Sat, 16 Sep 2023 07:00:00 GMT to Sat, 25 May 2024 12:58:58 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -3
