Truist analyst Matthew Niknam raised the firm’s price target on Crown Castle (CCI) to $95 from $94 and keeps a Hold rating on the shares. The firm is updating its estimates following an earlier-than-anticipated close of the company’s fiber/small-cell asset sales, the analyst tells investors in a research note.
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Read More on CCI:
- Crown Castle price target raised to $92 from $91 at Barclays
- Crown Castle Secures New $4.5 Billion Credit Facility
- Crown Castle Completes Fiber Sale, Refocuses on Towers
- Crown Castle closes sale of Fiber Solutions business, Small Cell business
- Crown Castle raises FY26 AFFO view to $4.53-$4.65 from $4.38-$4.49
