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Goldman Sachs Remains a Buy on American Tower (AMT)

Tipranks - Sat Jun 27, 6:28AM CDT

Goldman Sachs analyst maintained a Buy rating on American Tower today and set a price target of $215.00.

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In a report released yesterday, RBC Capital also upgraded the stock to a Buy with a $205.00 price target.

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

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