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Crown Castle International Corp.
CCI reported 3Q results that were ahead of expectations on all key financial metrics, Deutsche Bank reports.
“We believe the beat was primarily due to a customer's lease modification that increased recurring revenue,” Deutsche Bank writes. “But, even if we adjust for this item we believe the quarter was slightly-ahead.”
Crown Castle currently trades at $42.13.
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Posted In: Analyst RatingsCrown CastleDeutsche BankTelecommunication ServicesWireless Telecommunication Services
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