Philip Cusick analyst at J.P. Morgan reiterates coverage on American Tower (AMT) in the Technology sector with a Buy rating. TipRanks.com has Cusick rated as a 4 star analyst with a 56% return on investment and a 5% success rate. Cusick has set a price target of $285.
TipRanks.com reports that American Tower currently has 6 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $287.60. The target pricing ranges from a high forecast of $315.00 down to a low forecast of $268.00. American Tower (AMT)’s last closing price was $247.095 which would put the average price target at 16.39% upside.
In addition, TradingView issued a Sell rating for AMT over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on AMT.
Other analysts covering AMT include:
- Jonathan Atkin of RBC Capital issued a Buy rating with the price target of $ 282 on 2 days ago
- Simon Flannery of Morgan Stanley issued a Hold rating with the price target of $ 268 on 2 weeks ago
- David Barden of Bank of America Securities issued a Buy rating with the price target of $ 315 on 2 weeks ago
- Jonathan Petersen of Jefferies issued a Buy rating with the price target of n/a on 1 month ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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