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Fly News Breaks for February 28, 2020
CCI
Feb 28, 2020 | 08:25 EDT
SunTrust analyst Greg Miller raised the firm's price target on Crown Castle to $180 from $150 and keeps a Buy rating on the shares. The analyst notes that the stock price fell on the company's surprising accounting change disclosed along with its Q4 earnings miss, but he does not expect anything more "nefarious in nature" to surface, adding that the one-time events also mask the positive underlying trend in the industry.
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