New Street analyst David Barden upgraded American Tower (AMT) to Buy from Neutral with a $203 price target The firm says American Tower 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. New Street believes American Tower shares are the “most dislocated” following the recent selloff. The company’s growth is fairly consistent with recent history, the analyst tells investors in a research note.
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