TD Cowen analyst Gregory Williams raised the firm’s price target on American Tower (AMT) to $241 from $239 and keeps a Buy rating on the shares. The firm said they reported upside 1Q25 results, raised its 2025 guidance for FX, and maintained its 2025 net organic growth guidance. Cowen views its updated guidance as conservative given FX/Services revenue assumptions, which they view as prudent amid the macro uncertainty.
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