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Stock impact report

American Tower (AMT) Initiated at Bernstein as Firm Highlights Global Tower Portfolio [Yahoo! Finance]

American Tower Corporation (REIT) (AMT) 
Last american tower corporation (reit) earnings: 4/29 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
American Tower Corporation (NYSE: AMT ) is included among the 13 Best REIT Dividend Stocks to Invest in American Tower (AMT) Initiated at Bernstein as Firm Highlights Global Tower Portfolio Pixabay/Public Domain On March 5, Bernstein initiated coverage of American Tower Corporation (NYSE:AMT) with a Market Perform rating. The firm set a $205 price target on the stock. The firm said it has long admired American Tower as a company, pointing to its high-quality core business and consistent execution. According to the analyst, the company has built a portfolio of about 149,000 towers across developed markets around the world. Bernstein also noted that American Tower owns CoreSite, a U.S.-focused data center provider that serves enterprise customers. While the segment remains relatively small, it still provides an additional source of growth. The firm added that the investment case for tower companies is widely recognized. In its view, towers are considered the “Best Business Ever Show less Read more
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