American Tower Corporation (AMT) has reported exceeding Q2 estimates and has made adjustments to its guidance due to gains from 5G rollout and currency. The company has seen changes in equity shares held by a number of investment firms. Various entities, including Corebridge Financial Inc, Groupe la Francaise, and Bahl & Gaynor Inc have reduced their stakes in AMT, while organizations such as J.Stern & Co. LLP, Kayne Anderson Rudnick Investment Management LLC, and Guggenheim Capital LLC have increased theirs. Meanwhile, notable increases and reductions in share stakes were notable among varied asset management firms. The company also announced their participation in upcoming September conferences. Furthermore, AMT recently announced the election of Gene Reilly to their Board of Directors. The company is also reportedly optimistic about strategic growth prospects in Q3 2025, thanks to growth catalysts. Barclays has raised AMT's price target from $246 to $250. The BitMine company, holding the world's largest ETH treasury, has also tapped an American Tower veteran for their digital infrastructure push.
American Tower Corporation AMT News Analytics from Mon, 24 Feb 2025 08:00:00 GMT to Sat, 30 Aug 2025 22:39:10 GMT -
Rating 5
- Innovation 0
- Information 6
- Rumor -2
