GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
American Tower Corporation (AMT) [hlAlert]

Rating:
Buy AMT
up 59.91 %

American Tower Corporation (AMT) rated Buy with price target $72 by Stifel Nicolaus

Posted on: Tuesday,  Dec 20, 2011  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy American Tower Corporation (NYSE: AMT) on 12/20/2011, when the stock price was $58.70. Since
then, American Tower Corporation has gained 59.91% as of 09/02/2015's recent price of $93.87.
If you would have followed this Stifel Nicolaus's recommendation on AMT, you would have gained 59.91% of your investment in 1352 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.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/20/2011 8:25 AM Buy
None
58.70 72.00
as of 12/30/2011
1 Week down  -0.71 %
1 Month up  2.23 %
3 Months   
1 YTD up  2.23 %

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy