TD Cowen Issues Pessimistic Forecast for American Tower (NYSE:AMT) Stock Price

American Tower (NYSE:AMT) had its price objective lowered by analysts at TD Cowen from $235.00 to $225.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. TD Cowen’s price objective would indicate a potential upside of 21.70% from the stock’s previous close.

Other equities research analysts also recently issued reports about the company. Jefferies Financial Group decreased their target price on American Tower from $226.00 to $202.00 and set a “buy” rating on the stock in a research report on Tuesday, December 16th. Wells Fargo & Company decreased their price objective on American Tower from $210.00 to $200.00 and set an “overweight” rating on the stock in a report on Wednesday, October 29th. HSBC lowered their price objective on American Tower from $235.00 to $205.00 in a research report on Wednesday, October 29th. JPMorgan Chase & Co. reduced their target price on American Tower from $250.00 to $245.00 and set an “overweight” rating for the company in a research report on Monday, January 12th. Finally, UBS Group lowered their price target on shares of American Tower from $260.00 to $254.00 and set a “buy” rating on the stock in a report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, American Tower presently has a consensus rating of “Moderate Buy” and a consensus target price of $217.63.

American Tower Stock Performance

NYSE AMT opened at $184.88 on Wednesday. The company’s fifty day moving average is $178.72 and its two-hundred day moving average is $185.76. American Tower has a 52-week low of $166.88 and a 52-week high of $234.33. The company has a debt-to-equity ratio of 3.27, a current ratio of 0.60 and a quick ratio of 0.89. The firm has a market capitalization of $86.55 billion, a price-to-earnings ratio of 34.30, a P/E/G ratio of 0.82 and a beta of 0.93.

Insider Activity

In other news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the business’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $69.75, for a total value of $159,631,314.75. Following the sale, the insider owned 211,379 shares in the company, valued at approximately $14,743,685.25. The trade was a 91.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.17% of the company’s stock.

Hedge Funds Weigh In On American Tower

Several institutional investors have recently added to or reduced their stakes in the company. Analyst IMS Investment Management Services Ltd. grew its stake in American Tower by 3.6% during the second quarter. Analyst IMS Investment Management Services Ltd. now owns 1,370 shares of the real estate investment trust’s stock worth $303,000 after buying an additional 48 shares during the last quarter. Marion Wealth Management boosted its holdings in shares of American Tower by 0.8% in the 2nd quarter. Marion Wealth Management now owns 5,924 shares of the real estate investment trust’s stock worth $1,309,000 after acquiring an additional 48 shares in the last quarter. YANKCOM Partnership boosted its holdings in shares of American Tower by 2.9% in the 2nd quarter. YANKCOM Partnership now owns 1,729 shares of the real estate investment trust’s stock worth $382,000 after acquiring an additional 49 shares in the last quarter. GPS Wealth Strategies Group LLC grew its position in American Tower by 2.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 2,566 shares of the real estate investment trust’s stock worth $567,000 after acquiring an additional 51 shares during the last quarter. Finally, Manchester Capital Management LLC increased its holdings in American Tower by 3.1% during the 2nd quarter. Manchester Capital Management LLC now owns 1,808 shares of the real estate investment trust’s stock valued at $400,000 after purchasing an additional 54 shares in the last quarter. 92.69% of the stock is owned by institutional investors.

Key American Tower News

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.