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Argus Research Remains a Buy on American Tower (AMT)

Tipranks - Tipranks - Sat May 2, 9:48AM CDT

Argus Research analyst reiterated a Buy rating on American Tower yesterday and set a price target of $210.00.

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In addition to Argus Research, American Tower also received a Buy from Truist Financial’s Matthew Niknam in a report issued yesterday. However, on April 29, KeyBanc maintained a Hold rating on American Tower (NYSE: AMT).

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Based on American Tower’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.74 billion and a net profit of $836.8 million. In comparison, last year the company earned a revenue of $2.56 billion and had a net profit of $488.7 million

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AMT in relation to earlier this year. Most recently, in March 2026, Rajesh Kalathur, a Director at AMT bought 2,671.00 shares for a total of $494,936.30.

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