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Fly News Breaks for March 19, 2019
CCI
Mar 19, 2019 | 07:36 EDT
Deutsche Bank analyst Matthew Niknam last night downgraded Crown Castle to Hold from Buy with an unchanged price target of $121. This is "purely a valuation call," says the analyst, who notes the stock has moved past his target. The current "peak valuation" may not appropriately capture the risks from potential carrier consolidation and rising interest rates over time, Niknam tells investors in a research note.
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