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

up 51.15 %

American Tower Corporation (AMT) rated Buy with price target $110 by Canaccord Genuity

Posted on: Wednesday,  Feb 25, 2015  9:25 AM ET by Canaccord Genuity

Canaccord Genuity rated Buy American Tower Corporation (NYSE: AMT) on 02/25/2015. Previously Canaccord Genuity rated Buy American Tower Corporation (NYSE: AMT) on
03/27/2012., when the stock price was $62.10. Since then, American Tower Corporation has gained 51.16% as of 09/02/2015's recent price of $93.87.
If you would have followed the previous Canaccord Genuity's recommendation on AMT, you would have gained 51.15% of your investment in 1254 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.

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/25/2015 9:25 AM Buy
94.83 110.00
as of 8/27/2015
1 Week down  -5.03 %
1 Month down  -2.47 %
3 Months down  -0.99 %
1 YTD up  17.60 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/25/2014 10:25 AM Buy
103.30 120.00
2/26/2014 10:25 AM Buy
81.29 96.00
1/14/2013 9:25 AM Buy
78.98 88.00
8/2/2012 9:25 AM Buy
71.24 80.00
3/27/2012 10:25 AM Buy
62.10 70.00

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