Analysts at Raymond James downgraded American Tower AMT from Strong Buy to Outperform.
The price target for American Tower has been lowered from $111 to $109.
American Tower shares have surged 33.17% over the past 52 weeks, while the S&P 500 index has gained 14.39% in the same period.
American Tower's shares fell 1.45% to close at $103.49 yesterday.
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