Barclays Upgrades American Tower to Overweight, Raises Price Target to $198
Barclays analyst Brendan Lynch upgrades American Tower (NYSE:AMT) from Equal-Weight to Overweight and raises the price target from $195 to $198.
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Shares of telecommunications companies are trading lower after SpaceX President Gwynne Shotwell said on a conference call that it anticipates acquiring "quite a few" customers from AT&T, T-Mobile and Verizon.
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