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Fly News Breaks for February 26, 2020
AMT
Feb 26, 2020 | 07:25 EDT
KeyBanc analyst Brandon Nispel raised his price target for American Tower to $273 from $254 as he expects its domestic leasing activity to accelerate in the second half of 2020, which should result in accelerating growth in 2021. Nispel believes the tower secular dynamics remain "strong," and recommends American Tower as a "solid option" to invest in the 5G investment cycle. He has an Overweight rating on the shares.
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