Morgan Stanley Downgrades American Tower To Equal-weight
Analysts at Morgan Stanley downgraded American Tower Corporation (REIT) (NYSE: AMT) from Overweight to Equal-weight.
The target price for American Tower has been lowered from $101 to $98.
American Tower shares have jumped 42.68% over the past 52 weeks, while the S&P 500 index has gained 22.11% in the same period.
American Tower's shares fell 0.69% to $98.10 in pre-market trading.
Latest Ratings for AMT
|Sep 2014||Morgan Stanley||Downgrades||Overweight||Equal-weight|
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