As previously reported, Wells Fargo upgraded Crown Castle (CCI) to Overweight from Equal Weight with a price target of $125, up from $105. The firm cites a compelling Q2 that shows cost-cutting efforts ahead of plan, which provides upside to Wells’ 2025-2027 AFFO/share numbers and makes for a compelling relative valuation story. Crown Castle is the firm’s top tower pick.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CCI:
- Crown Castle upgraded to Overweight from Equal Weight at Wells Fargo
- Crown Castle Reports Strong Q2 2025 Results
- Crown Castle: Balancing Positive Growth with Strategic Uncertainties – Hold Rating Maintained
- Crown Castle raises FY25 AFFO view to $4.14-$4.25 from $4.06-$4.17
- Crown Castle reports Q2 AFFO$1.02, consensus $1.00