Mizuho lowered the firm’s price target on American Tower (AMT) to $189 from $217 and keeps a Neutral rating on the shares. The firm adjusted targets in the real estate investment trust group as part of its 2026 outlook. Mizuho remains Equal-Weight REITs in 2026, seeing a mixed macro backdrop and that valuations that look “rich relative to fixed income alternatives. While supply/demand fundamentals are improving, a slowing economy poses risks in fiscal 2026, the analyst tells investors in a research note.
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