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Fly News Breaks for October 24, 2016
CCI
Oct 24, 2016 | 08:16 EDT
Cowen analyst Colby Synesael noted Crown Castle reported solid Q3 results and raised 2016 guidance while introducing lower than expected 2017 guidance. The analyst believes the estimates appear conservative and that any selloff in the shares will provide a compelling long-term investment. Synesael reiterated his Outperform rating and $103 price target on Crown Castle shares.