American Tower Corporation (AMT) has seen a mix of fluctuations and shifts in their Q4 results and other financial outcomes. The company's
price target has been raised to $223.00, and their financial results for the fourth quarter and full year of 2024 have been made public, showing mixed results. Notably, they have secured $1 billion through a
strategic notes offering and announced a quarterly
dividend increase to US $1.70 per share. However, there has been a reduction in stock positions by multiple fund managing firms such as Adams Diversified Equity Fund Inc, and iA Global Asset Management Inc. Despite posting a decline of 20% in Q4, the company was upgraded to 'Overweight' status and made it on UBS' list of stocks for the AI, growth, and low rates era. A significant development was the decision of director JoAnn Reed to step down come 2025. Another aspect of note was the election of Rajesh Kalathur to the board of directors and the commencement of Bud Noel as COO and Rich Rossi as EVP and President, U.S. Tower.
American Tower Corporation AMT News Analytics from Thu, 18 Jul 2024 07:00:00 GMT to Sat, 22 Mar 2025 18:34:52 GMT -
