Raymond James Upgrades American Tower To Strong Buy

Analysts at Raymond James upgraded American Tower Corporation AMT from Outperform to Strong Buy. The price target for American Tower has been lowered from $114 to $112. American Tower shares have gained 15.85% over the past 52 weeks, while the S&P 500 index has surged 9.36% in the same period. American Tower's shares jumped 1.24% to $95.32 in pre-market trading.