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Crown Castle price target raised to $115 from $108 at BMO Capital

BMO Capital analyst Ari Klein raised the firm’s price target on Crown Castle (CCI) to $115 from $108 and keeps a Market Perform rating on the shares. Crown Castle’s Q2 AFFO topped consensus, driven by services upside and better margin, while the company lifted 2025 leasing expectations, reflecting an uptick in carrier activity that implies an acceleration in second half 2025 leasing, the analyst tells investors in a research note.

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