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Crown Castle International Corporation (CCI) [hlAlert]

Rating:
Buy CCI
up 124.89 %

Crown Castle International Corporation (CCI) upgraded to Buy with price target $45 by Benchmark

Posted on: Friday,  Dec 4, 2009  8:25 AM ET by Benchmark

Benchmark rated Buy Crown Castle International Corporation (NYSE: CCI) on 12/04/2009, when the stock price was $37.36. Since
then, Crown Castle International Corporation has gained 124.89% as of 09/01/2015's recent price of $84.02.
If you would have followed this Benchmark's recommendation on CCI, you would have gained 124.89% of your investment in 2097 days.

Crown Castle International Corp. (CCIC) owns, operates and leases towers and other communication structures, including certain rooftop installations (collectively, towers), for wireless communications. Its core business is renting space on its towers via long-term contracts in various forms, including license and lease agreements. Its towers can accommodate multiple customers for antennas and other equipment necessary for the transmission of wireless signals for mobile telephones and other devices. CCIC operates its business primarily in the United States (including Puerto Rico) and Australia, with nominal operations in Canada and the United Kingdom. It conducts its operations principally through subsidiaries of Crown Castle Operating Company, including certain subsidiaries that operate its tower portfolios in the United States, Puerto Rico and Canada (collectively referred to as CCUSA), and a 77.6%-owned subsidiary that operates its Australia tower portfolio (referred to as CCAL).

The Benchmark Company, LLC is a full-service Broker Dealer dedicated to meeting the needs of institutional and private clients. Operating from offices in New York, Boston, San Francisco, Philadelphia, Los Angeles and San Diego, Benchmark is committed to the highest standards of performance and service. This is a clear message to our clients that the company will continue to distinguish itself through outstanding service into the future.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/4/2009 8:25 AM Buy
None
37.36 45.00
as of 12/31/2009
1 Week up  5.10 %
1 Month up  11.93 %
3 Months up  11.93 %
1 YTD up  11.93 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/23/2009 8:25 AM Hold
None
22.62

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