Various wealth management, investment, and trust companies have demonstrated significant activity relating to the shares of American Tower Corporation (NYSE:AMT). Entities such as Phillips Wealth Planners LLC, Sumitomo Mitsui Trust Group Inc., and Sunbelt Securities Inc. have recently purchased shares of AMT. Conversely, firms including Avior Wealth Management LLC, Robeco Institutional Asset Management B.V., and Trust Co. of Vermont have sold AMT's shares.
American Tower Corporation is projected as a company eyeing 5% dividend growth and a stronger 5G expansion. The risk of disruption from satellite internet, however, remains a concern for the market. Analysts are bullish on the prospects of AMT for 2025 with their stock rising 18.7% YTD and a target price of $240.25.
The company has had mixed financial results in the past, but still, many believe it to be a strong prospect for long-term investment. With its data center ambitions, AMT seeks to maintain its buy position, amid market turmoil. The recent activity and views express a moderately positive outlook for the American Tower Corporation.
American Tower Corporation AMT News Analytics from Thu, 05 Dec 2024 08:00:00 GMT to Sat, 28 Jun 2025 18:49:13 GMT - Rating 6 - Innovation 7 - Information 5 - Rumor -2
