Barclays Turns Cautious on American Tower (AMT) Amid EchoStar Dangers
American Tower Company (NYSE:AMT) is included among the many 15 Blue Chip Dividend Shares to Construct a Passive Revenue Porfolio.
Photograph by NeONBRAND on Unsplash
On December 1, Barclays analyst Brendan Lynch trimmed the agency’s ranking on American Tower Company (NYSE:AMT) to Equal Weight and likewise lowered the value goal to $200 from $203. The analyst highlighted that the tower corporations may need difficulties gathering hire from EchoStar. As well as, points like reserves and churn may additionally damage development in 2026. Barclays expects that negatives would outweigh the positives forward, so it’s taking a extra cautious stance for now.
American Tower Company (NYSE:AMT)’s earnings for the third quarter of 2025 got here in robust, with revenues of $2.7 billion, which not solely grew by 7.7% YoY but additionally beat analysts’ estimates by $61.4 million. The corporate’s property income jumped by 5.9% to $2.6 billion. Web revenue was the true winner, which grew by a staggering 217% to $913 million. The corporate talked about that leasing additionally remained robust in its US and worldwide towers on account of spending on higher protection and capability.
American Tower Company (NYSE:AMT) additionally raised its efficiency targets for the 12 months. The corporate’s property income is now anticipated to be between $10.21 billion and $10.29 billion, which represents a rise of $40 million on the midpoint of the steering vary.
American Tower Company (NYSE:AMT) is an American infrastructure-focused actual property funding belief firm.
Whereas we acknowledge the potential of AMT as an funding, we consider sure AI shares supply higher upside potential and carry much less draw back threat. If you happen to’re on the lookout for an especially undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring development, see our free report on the greatest short-term AI inventory.
READ NEXT: 15 Excessive High quality Dividend Shares for Lengthy-Time period Buyers and 15 Dividend Shares That Outperform the S&P 500
Disclosure: None.
