American Tower price target raised to $200 from $185 at BMO Capital

BMO Capital raised the firm’s price target on American Tower (AMT) to $200 from $185 and keeps a Market Perform rating on the shares. The company’s Q4 results were generally solid with 2026 guidance slightly softer, though this was largely anticipated given DISH headwinds, the analyst tells investors in a research note. American Tower has also stepped-up share repurchases, and with leverage below 5x, it has optionality to remain aggressive, BMO added.