Market Overview

Stifel Out With Report Defending American Tower

Stifel Nicolaus analyst Benjamin Lowe released a note Wednesday morning defending American Tower (NYSE: AMT) following the bearish Muddy Waters note this morning.

Lowe focused his report on concerns over the company's REIT status, saying that the weakness presents an enticing entry point.

Stifel has a Buy rating and a $95 price target on the company.

Shares of American Tower were down 1.27 percent to $73.75 midway through trading Wednesday.

Posted-In: Benjamin Lowe Stifel NicolausAnalyst Color News Analyst Ratings Movers

 

Most Popular

Related Articles (AMT)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters

Benzinga Professional