2021-09-10 07:44:12 CCI Crown Castle
09/10/21 09/1007:44 09/10/2107:44 | Crown Castle price target raised to $213 from $204 at Morgan StanleyMorgan Stanley analyst Simon Flannery raised the firm's price target on Crown Castle to $213 from $204 and keeps an Overweight rating on the shares. He raised his targets on the three Tower stocks he covers as he sees high visibility on strong domestic tower organic growth for 2022 given the "record" 5G leasing cycle. While Tower stocks are nearing "peak valuations," their absolute multiples "still make sense in a REIT context," Flannery said. |
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