American Tower (NYSE:AMT) Price Target Cut to $214.00 by Analysts at Scotiabank

American Tower (NYSE:AMT) had its price target cut by research analysts at Scotiabank from $220.00 to $214.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has a “sector outperform” rating on the real estate investment trust’s stock. Scotiabank’s price target points to a potential upside of 15.06% from the company’s previous close.

A number of other brokerages have also recently commented on AMT. New Street Research raised American Tower from a “neutral” rating to a “buy” rating and set a $203.00 price target for the company in a research report on Monday, January 5th. The Goldman Sachs Group decreased their target price on American Tower from $230.00 to $210.00 and set a “buy” rating for the company in a report on Friday, January 16th. BMO Capital Markets increased their price target on shares of American Tower from $185.00 to $200.00 and gave the stock a “market perform” rating in a report on Wednesday. HSBC decreased their price objective on shares of American Tower from $235.00 to $205.00 in a research note on Wednesday, October 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of American Tower in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $217.95.

American Tower Stock Performance

Shares of NYSE AMT traded down $4.21 during midday trading on Wednesday, reaching $185.99. The company had a trading volume of 946,795 shares, compared to its average volume of 3,150,542. American Tower has a 1 year low of $166.88 and a 1 year high of $234.33. The business’s 50-day simple moving average is $178.43 and its 200 day simple moving average is $185.79. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 3.24. The stock has a market cap of $87.07 billion, a P/E ratio of 29.71, a P/E/G ratio of 0.79 and a beta of 0.93.

Insider Activity

In other American Tower news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the transaction, the insider owned 211,379 shares in the company, valued at approximately $14,743,685.25. This represents a 91.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.18% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. MidFirst Bank purchased a new stake in American Tower in the 4th quarter worth $4,317,000. SG Trading Solutions LLC acquired a new stake in shares of American Tower in the fourth quarter valued at about $402,000. MV Capital Management Inc. purchased a new stake in shares of American Tower during the fourth quarter worth about $45,000. Wick Capital Partners LLC acquired a new position in shares of American Tower during the 4th quarter worth about $221,000. Finally, Compound Planning Inc. raised its holdings in shares of American Tower by 3.5% during the fourth quarter. Compound Planning Inc. now owns 7,099 shares of the real estate investment trust’s stock valued at $1,246,000 after acquiring an additional 243 shares during the last quarter. Hedge funds and other institutional investors own 92.69% of the company’s stock.

Key Headlines Impacting American Tower

Here are the key news stories impacting American Tower this week:

• Positive Sentiment: Q4 results showed strength in core metrics — AFFO/FFO and revenue topped estimates and leasing demand across towers and data‑center bookings remained robust, supporting longer‑term growth in mobile data and colocation. American Tower Q4 press release
• Positive Sentiment: Analysts and coverage note accelerating data‑center momentum and durable tenant billings — these trends underpin the company’s strategy to offset headwinds with higher‑margin growth segments. Reuters: upbeat revenue, leasing activity
• Neutral Sentiment: Analyst price‑target moves are mixed: BMO raised its PT to $200 but kept a market‑perform rating, while TD Cowen and Morgan Stanley trimmed targets modestly (to $225 and $220 respectively). These actions leave the consensus view varied rather than uniformly bullish or bearish. BMO update TD Cowen update Morgan Stanley update
• Neutral Sentiment: Valuation and short‑term price discussion: coverage is parsing whether recent share volatility creates an attractive entry given recent 30‑day and YTD gains versus 1‑year weakness. This is framing investor debate rather than creating a single directional catalyst. Yahoo: valuation piece
• Negative Sentiment: Credit/tenant risk: DISH Network has defaulted on lease payments and AMT is pursuing legal action; management has updated 2026 outlook to reflect lost DISH lease revenue. That customer‑concentration shock is the primary near‑term headwind investors are discounting. Yahoo: DISH default
• Negative Sentiment: Guidance/earnings nuance: while company commentary emphasized cost efficiency and growth in data centers, some outlets characterized FY‑2026 guidance as “light,” and reported GAAP EPS came in below one consensus figure — creating short‑term disappointment despite FFO/AFFO beats. MSN: light guidance MarketBeat: EPS/earnings details

About American Tower

American Tower (NYSE: AMT) is a real estate investment trust (REIT) that owns, operates and develops wireless and broadcast communications infrastructure. The company’s core business is leasing space on communications sites — including towers, rooftops and other structures — to wireless carriers, broadcasters, government agencies and enterprise customers. Its business model centers on long-term site leases and contracts that provide recurring revenue tied to the footprint and density of wireless networks.

Beyond traditional tower assets, American Tower offers a range of infrastructure and network services to support mobile, broadband and broadcast connectivity.