American Tower (AMT) Gets a Buy from Wells Fargo

In a report released today, Eric Luebchow from Wells Fargo assigned a Buy rating to American Tower, with a price target of $195.00.

According to TipRanks, Luebchow is a 4-star analyst with an average return of 7.6% and a 52.88% success rate. Luebchow covers the Real Estate sector, focusing on stocks such as Digital Realty, Equinix, and Extra Space Storage.

In a report released on September 30, Barclays also maintained a Buy rating on the stock with a $199.00 price target.

Based on American Tower’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.75 billion and a net profit of $867.5 million. In comparison, last year the company earned a revenue of $2.63 billion and had a net profit of $366.8 million

Based on the recent corporate insider activity of 45 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 August 2026, Rajesh Kalathur, a Director at AMT bought 2,829.00 shares for a total of $500,733.00.