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

up 154.04 %

American Tower Corporation (AMT) rated Outperform with price target $110 by Oppenheimer

Posted on: Friday,  Oct 31, 2014  9:25 AM ET by Oppenheimer

Oppenheimer rated Outperform American Tower Corporation (NYSE: AMT) on 10/31/2014. Previously Oppenheimer rated Outperform American Tower Corporation (NYSE: AMT) on 09/18/2009.,
when the stock price was $36.95. Since then, American Tower Corporation has gained 154.05% as of 09/02/2015's recent price of $93.87.
If you would have followed the previous Oppenheimer's recommendation on AMT, you would have gained 154.04% of your investment in 2175 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/31/2014 9:25 AM Buy
99.79 110.00
as of 10/17/2014
1 Week down  -1.62 %
1 Month down  -2.57 %
3 Months up  2.56 %
1 YTD up  16.72 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2013 8:25 AM Buy
77.12 90.00
9/18/2009 8:25 AM Buy
36.95 41.00

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