Scotiabank Reaffirms Their Hold Rating on Crown Castle (CCI)
In a report released today, Maher Yaghi from Scotiabank maintained a Hold rating on Crown Castle, with a price target of $94.00.
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According to TipRanks, Yaghi is a 4-star analyst with an average return of 3.6% and a 54.78% success rate. Yaghi covers the Communication Services sector, focusing on stocks such as AT&T, Comcast, and Verizon.
In addition to Scotiabank, Crown Castle also received a Hold from J.P. Morgan’s Richard Choe in a report issued today. However, on the same day, UBS maintained a Buy rating on Crown Castle (NYSE: CCI).
Based on Crown Castle’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.07 billion and a net profit of $323 million. In comparison, last year the company earned a revenue of $1.65 billion and had a net profit of $303 million
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- Crown Castle price target lowered to $90 from $105 at Wells Fargo
- Crown Castle price target lowered to $105 from $116 at UBS
- Crown Castle price target lowered to $98 from $115 at KeyBanc
- Crown Castle price target lowered to $91 from $97 at BMO Capital
- Crown Castle: Buy Rating Reaffirmed on Solid Operations, Portfolio Streamlining, and Long-Term Upside Despite Near-Term Guidance Reset
