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Fly News Breaks for February 29, 2016
AMT
Feb 29, 2016 | 08:55 EDT
Pacific Crest raised its price target on American Tower as the firm believes that the stock should trade at a higher multiple after the company acquired Viom. The firm remains upbeat on the company's business model and management team, and it thinks that the accelerating growth of the company's overseas business is offsetting its slowing U.S. business. The firm keeps an Overweight rating on the stock.
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