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Crown Castle price target raised to $114 from $109 at Scotiabank

Scotiabank analyst Maher Yaghi raised the firm’s price target on Crown Castle (CCI) to $114 from $109 and keeps a Sector Perform rating on the shares. Crown Castle delivered in-line Q2 results and raised its FY25 guidance, the analyst tells investors. The firm is “encouraged” by the company’s progress on near-term priorities and believes strong operational performance as well as the closing of fiber and small cell transactions will serve as key catalysts.

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