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Enter Symbol:
 
American Tower Corporation (AMT) [hlAlert]

Rating:
Outperform
AMT
up 18.20 %

American Tower Corporation (AMT) rated Outperform by Pacific Crest

Posted on: Tuesday,  Jan 22, 2013  9:25 AM ET by Pacific Crest

Pacific Crest rated Outperform American Tower Corporation (NYSE: AMT) on 01/22/2013, when the stock price was $79.41. Since
then, American Tower Corporation has gained 18.21% as of 09/02/2015's recent price of $93.87.
If you would have followed this Pacific Crest's recommendation on AMT, you would have gained 18.2% of your investment in 953 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.

Pacific Crest'S exclusive focus on technology allows to provide more in-depth coverage than other firms. • Pacific Crest has a senior research analyst for each of the 18 tech sectors covered and we cover over 230 tech stocks • Collaboration between analysts helps us provide a complete picture of emerging trends and the convergence and consolidation taking place in the tech industry • Pacific Crest is expanding international coverage includes companies in emerging markets that will play an important part in changing the tech landscape - Over 30% of our coverage list is international
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/22/2013 9:25 AM Buy
None
79.41
as of 12/13/2013
1 Week down  -1.69 %
1 Month down  -1.80 %
3 Months up  4.13 %
1 YTD down  -3.33 %

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