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Fly News Breaks for November 1, 2019
S, TMUS, AMT
Nov 1, 2019 | 08:02 EDT
Cowen analyst Colby Synesael raised his price target on American Tower (AMT) to $260 from $238 following in-line Q3 results. The analyst said the recent India situation as well as the pending T-Mobile (TMUS)/Sprint (S) merger creates near-term uncertainty but he views the recent selloff as a buying opportunity. He expects more meaningful upside in 2020 when the India and merger situations are resolved. Synesael maintained his Outperform rating on American Tower shares.
News For AMT;TMUS;S From the Last 2 Days
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