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Crown Castle CCI - News Analyzed: 5,427 - Last Week: 100 - Last Month: 397

β‡— Crown Castle CCI Purchase Spike Amid Potential $8bn TPG Acquisition & Performance Debates

Crown Castle CCI Purchase Spike Amid Potential $8bn TPG Acquisition & Performance Debates
Sonora Investment Management Group LLC and various other groups including Robeco Institutional Asset Management B.V., Forsta AP Fonden, Abel Hall LLC, etc. made new share purchases of Crown Castle Inc. Meanwhile Kingswood Wealth Advisors LLC and Dynamic Advisor Solutions LLC sold their shares of the same. A potential Fiber Unit acquisition by TPG is under discussion for $8 billion. The CEO mentioned efforts to enhance small cell capability by wireless operators. Crown Castle stocks have experienced a 15.8% decline over the past 3 months, sparking intrigues on how to play its stocks. Their CFO is due to step down in March. Apparently Crown Castle Inc. reportedly appears underperforming compared to its competitors despite recording 14% jump in Q3 net income and 7% yield. Recently analyst JMP upgraded Crown Castle's stock rating to 'Market Outperform' and reiterated a $115 target, while Jefferies downgraded Crown Castle to hold. Experts are debating whether Crown Castle is the best 5G stock and 5G infrastructure stock to invest in.

Crown Castle CCI News Analytics from Wed, 17 Apr 2024 07:00:00 GMT to Sat, 01 Feb 2025 17:37:09 GMT - Rating 4 - Innovation 5 - Information 6 - Rumor 3

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