The latest trading session saw American Tower (AMT) ending at $194.72, denoting a +0.24% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.26%. Elsewhere, the Dow saw an upswing of 0.18%, while the tech-heavy Nasdaq appreciated by 0.35%.The wireless communications infrastructure company's shares have seen an increase of 5.3% over the last month, surpassing the Finance sector's gain of 0.75% and the S&P 500's gain of 3.25%.The investment community will be pa ...

Richard Drury/DigitalVision via Getty Images We previously discussed American Tower Corporation (NYSE:AMT) in March 2024, discussing why we had upgraded the stock to a Buy after the much-needed pullback from its December 2023 top, thanks to the market's over-reaction to the lowered quarterly dividend payouts on a QoQ basis. However, we had believed that AMT was a better buy after the correction, thanks to the improving monetization in FY2023, the management's promising FY2024 guidance, and the near-term foc ...

American Tower Corporation (NYSE:AMT) Nareit REIT Week: 2024 Investor Conference Call June 5, 2024 8:45 AM ET Company Participants Steve Vondran - President and Chief Executive Officer Conference Call Participants Rick Prentiss - Raymond James Rick Prentiss All right. Good morning, everybody. I'm Rick Prentiss, Head of Telecom Services Research at Raymond James. That includes TMT Towers, media and telecom services. We're excited to continue the Nareit tradition of American Tower and Raymond James. This is a ...

~ Designation based on 24-month interim Phase I/II clinical data for AMT-130 announced in December 2023 ~ ~ AMT-130 is the first therapeutic candidate to receive RMAT Designation for Huntington’s disease ~ ~ Receiving RMAT designation enables increased collaboration with the FDA on regulatory approval planning, in addition to the opportunity for expedited product development ~ LEXINGTON, Mass. and AMSTERDAM, June 03, 2024 (GLOBE NEWSWIRE) -- uniQure N.V. (NASDAQ: QURE), a leading gene therapy company advanc ...

American Tower (AMT) owns an extensive and geographically diversified communication real estate portfolio. The high capital spending by wireless carriers amid growing wireless penetration, accelerated 5G network deployment efforts and spectrum auctions is likely to keep demand up, poising it well to ride the growth curve. Also, its expansion efforts and solid balance sheet strength bode well.This April, this Boston, MA-based communications tower REIT reported first-quarter 2024 adjusted funds from operation ...

Matteo Colombo Real Estate Weekly Outlook U.S. equity markets snapped a four-week winning streak while benchmark interest rates rebounded as hopes for multiple Fed rate cuts this year were curtailed by the combination of hot U.K. inflation data, hawkish Fed commentary from several swing voters, and surprisingly solid PMI data. Mirroring trends across the pond, hotter-than-expected consumer inflation data in the United Kingdom dashed hopes that the Bank of England could potentially kick-start a wave of m ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about American Tower (AMT) .American Tower currently has an average brokerage recommendation (ABR) of ...

Since the onset of the Covid-19 pandemic, inflation has become quite a sticky problem. It has taken far longer than expected for economic disruptions to work their way through the system.While many analysts hoped that inflation would be transitory, rises in energy costs and foreign wars have led to prices remaining elevated. The Federal Reserve would currently like to lower interest rates, but it has held off so far due to inflation remaining above its target level.However, it appears that inflation is fina ...

American Tower Corporation (NYSE:AMT) J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference May 20, 2024 3:10 PM ET Company Participants Steve Vondran - President and CEO Conference Call Participants Richard Choe - J.P. Morgan Richard Choe Hi, my name is Richard Choe, I cover communications infrastructure here at JPMorgan. I'd like to thank Steve Vondran, President and CEO of American Tower for joining us today. Steve Vondran Thanks. Great to be here. Question-and-Answer Session Q - ...

American Tower Corporation (NYSE:AMT) J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference May 20, 2024 3:10 PM ET Company Participants Steve Vondran - President and CEO Conference Call Participants Richard Choe - J.P. Morgan Richard Choe Hi, my name is Richard Choe, I cover communications infrastructure here at JPMorgan. I'd like to thank Steve Vondran, President and CEO of American Tower for joining us today. Steve Vondran Thanks. Great to be here. Question-and-Answer Session Q - ...