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American Tower Corporation (AMT) [hlAlert]

Rating:
Buy AMT
up 40.16 %

American Tower Corporation (AMT) rated Buy with price target $75 by UBS

Posted on: Friday,  May 4, 2012  11:25 AM ET by UBS

UBS rated Buy American Tower Corporation (NYSE: AMT) on 05/04/2012, when the stock price was $66.97. Since
then, American Tower Corporation has gained 40.17% as of 09/02/2015's recent price of $93.87.
If you would have followed this UBS's recommendation on AMT, you would have gained 40.16% of your investment in 1216 days.

American Tower Corporation is a wireless and broadcast communications infrastructure company with a portfolio of over 23,700 communications sites, including wireless communications towers, broadcast communications towers and distributed antenna system (DAS) networks. The Company is a holding company, and it conducts its operations through its subsidiaries. The Company operates in two segments: rental and management, and network development services. Its primary business is leasing antenna space on multi-tenant communications sites to wireless service providers, and radio and television broadcast companies. Through its network development services segment, the Company offers tower-related services in the United States, including site acquisition, zoning and permitting services and structural analysis services, which directly support its site leasing business, and the addition of new tenants and equipment on its sites. In May 2009, the Company acquired XCEL Telecom Private Ltd.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/4/2012 11:25 AM Buy
None
66.97 75.00
as of 12/31/2012
1 Week up  0.35 %
1 Month up  3.12 %
3 Months up  8.23 %
1 YTD up  28.76 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/15/2011 11:25 AM Buy
None
49.92 60.00
8/4/2010 11:25 AM Hold
None
46.48 47.00
6/6/2008 8:25 AM Hold
None
42.60
2/6/2008 8:25 AM Buy
None
37.74

(*) Stock Price at the time of the recommendation.
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