American Tower Corporation (AMT) has been experiencing mixed portfolio management activities. Various firms have been buying and selling the shares, including Morningstar Investment Services LLP, Edgestream Partners L.P., Dakota Wealth Management, and Creekmur Asset Management LLC. Mizuho has substantially increased AMT's price target to $217, upholding an 'outperform' rating. Meanwhile, numerous wealth management and investment firms have decreased or sold their holdings significantly. This includes BIP Wealth LLC, Cerity Partners LLC, Sigma Planning Corp, and Pittenger & Anderson Inc among others. Despite these sales, there has been a consensus 'Buy' rating by brokerages.
Despite that, the telecom real estate giant AMT shows strong growth potential backed by the growing demand for mobile data, the increasing focus on 5G expansion, and its advantageous position with data centers. The firm's dividend growth and lucrative business model also speak volumes of its robust financial performance. Consequently, AMT's YTD stock has gone up by 19.3%, with predictions of continued growth. However, the market risk remains a concern due to potential disruptions from satellite internet.
American Tower Corporation AMT News Analytics from Thu, 12 Dec 2024 08:00:00 GMT to Sat, 19 Jul 2025 13:37:43 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor -2
