Morgan Stanley Has Lowered Expectations for American Tower (NYSE:AMT) Stock Price

American Tower (NYSE:AMT) had its price target lowered by investment analysts at Morgan Stanley from $225.00 to $220.00 in a report released on Wednesday, MarketBeat reports. The firm presently has an “overweight” rating on the real estate investment trust’s stock. Morgan Stanley’s price objective points to a potential upside of 19.00% from the stock’s current price.

Several other analysts also recently weighed in on AMT. Barclays reiterated an “equal weight” rating and issued a $200.00 target price (down from $203.00) on shares of American Tower in a report on Monday, December 1st. Jefferies Financial Group dropped their price objective on American Tower from $226.00 to $202.00 and set a “buy” rating for the company in a research note on Tuesday, December 16th. Citigroup reiterated a “market outperform” rating on shares of American Tower in a report on Wednesday, October 29th. Mizuho lowered their target price on American Tower from $217.00 to $189.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Finally, New Street Research raised American Tower from a “neutral” rating to a “buy” rating and set a $203.00 target price for the company in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, American Tower currently has a consensus rating of “Moderate Buy” and a consensus price target of $217.63.

American Tower Stock Up 1.3%

AMT stock opened at $184.88 on Wednesday. The company has a current ratio of 0.60, a quick ratio of 0.89 and a debt-to-equity ratio of 3.27. The firm has a 50-day moving average of $178.72 and a two-hundred day moving average of $185.76. American Tower has a 12 month low of $166.88 and a 12 month high of $234.33. The company has a market cap of $86.55 billion, a price-to-earnings ratio of 34.30, a PEG ratio of 0.82 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 firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the sale, the insider owned 211,379 shares of the company’s stock, valued at approximately $14,743,685.25. This trade represents a 91.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.17% of the company’s stock.

Institutional Investors Weigh In On American Tower

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of American Tower by 1.0% during the third quarter. Vanguard Group Inc. now owns 63,640,168 shares of the real estate investment trust’s stock worth $12,239,277,000 after acquiring an additional 611,801 shares during the period. J. Stern & Co. LLP increased its position in American Tower by 28,121.1% during the 4th quarter. J. Stern & Co. LLP now owns 37,686,978 shares of the real estate investment trust’s stock worth $6,616,703,000 after purchasing an additional 37,553,436 shares during the period. State Street Corp raised its stake in shares of American Tower by 0.3% during the 4th quarter. State Street Corp now owns 20,987,534 shares of the real estate investment trust’s stock worth $3,719,634,000 after buying an additional 71,605 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of American Tower by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 13,499,035 shares of the real estate investment trust’s stock valued at $2,361,675,000 after buying an additional 227,361 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of American Tower by 24.3% in the second quarter. JPMorgan Chase & Co. now owns 12,666,082 shares of the real estate investment trust’s stock valued at $2,799,458,000 after buying an additional 2,474,328 shares in the last quarter. Hedge funds and other institutional investors own 92.69% of the company’s stock.

Key Stories Impacting American Tower

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

• Positive Sentiment: CoreSite (an American Tower company) will host Community IX’s Florida and Northern Virginia Internet Exchanges at its Miami and NoVA facilities — a data‑center connectivity win that can boost CoreSite leasing, interconnection revenue and AMT’s data‑center growth narrative. CoreSite Miami and Virginia Data Centers Welcome New Community IX Internet Exchanges
• Positive Sentiment: BMO raised its AMT price target to $200 (from $185) and kept a market‑perform rating — a modest vote of confidence that may support buyers after recent volatility. BMO Capital Adjusts Price Target on American Tower TickerReport
• Neutral Sentiment: UBS trimmed its price target to $248 but remains constructive with a “buy” rating — still signaling sizable upside though slightly less bullish than before. UBS price target note
• Neutral Sentiment: Morgan Stanley lowered its target to $220 and kept an “overweight” stance — another downgrade in target but continued positive rating from a major shop. Morgan Stanley update
• Neutral Sentiment: Scotiabank trimmed its target to $214 (sector outperform) and TD Cowen cut its target to $225 — multiple shops shaving targets, reflecting slightly lower near‑term expectations but still implying upside vs. current levels. Scotiabank / TD Cowen notes TD Cowen update
• Neutral Sentiment: Market commentary pieces are weighing AMT’s valuation after recent volatility — useful for longer‑term investors but less likely to move price immediately. Is American Tower Pricing Look Attractive
• Neutral Sentiment: Several industry/portfolio notes (e.g., AST SpaceMobile coverage mention and Baron Real Estate fund activity) reference telecom/real‑estate themes that overlap with AMT exposure but aren’t direct company events. AST SpaceMobile article Baron Real Estate Income Fund activity
• Negative Sentiment: American Tower disclosed DISH Network has defaulted on lease payments; AMT is pursuing legal remedies and has adjusted its 2026 outlook to reflect lost DISH tower revenue — this is a direct near‑term headwind and explains some of the recent downside pressure. American Tower Weighs DISH Default

American Tower Company Profile

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.