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Fly News Breaks for November 1, 2018
AMT
Nov 1, 2018 | 06:57 EDT
RBC Capital analyst Jonathan Atkin raised his price target on American Tower to $173 and kept his Outperform rating after its Q3 earnings beat on better results in both U.S. and international segments. The analyst points to strength in the industry demand trends and strong leasing activity leading to a "more constructive" outlook for 2018, adding that his higher price target is also driven by the roll-forward impact on valuation.
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