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Fly News Breaks for September 6, 2016
CCI
Sep 6, 2016 | 07:07 EDT
Oppenheimer analyst Timothy Horan upgraded Crown Castle to Outperform saying recent moves by carriers to offer consumers more data on tiered plans and unlimited plans are indicative of strong mobile data demand trends. The analyst expects mobile data traffic to grow 10 times in the next six years. He sees Crown Castle as a beneficiary and set a $109 price target for the shares.
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