Raymond James Downgrades American Tower To Outperform

Analysts at Raymond James downgraded American Tower

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.