New Street downgraded Crown Castle (CCI) to Neutral from Buy with a $93 price target The firm says American Tower (AMT) and Crown Castle have meaningful exposure to Dish with each contracted for $200M of annual payments through 2036. New Street assumes assumed that EchoStar (SATS) stays current with its tower lease payments through Q2 of 2026. With Crown Castle shares holding up better in anticipation of its fiber business sale, New Street does not see material upside potential. It awaits for the company’s “heavy lifting to take place” in 2026.
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