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Bernstein Sticks to Their Buy Rating for American Tower (AMT)

Tipranks - Tipranks - Thu Jul 2, 10:46AM CDT

Bernstein analyst Madison Rezaei maintained a Buy rating on American Tower today and set a price target of $207.00.

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According to TipRanks, Rezaei is an analyst with an average return of -4.5% and a 17.65% success rate. Rezaei covers the Real Estate sector, focusing on stocks such as Equinix, Digital Realty, and American Tower.

American Tower has an analyst consensus of Strong Buy, with a price target consensus of $213.53.

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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

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