American Tower Corporation (REIT) stocks have been trading up by 8.62 percent amid bullish sentiment on its infrastructure growth prospects.
What Traders Need To Know
- Barclays nudged its AMT price target to $199 with an Overweight rating, pointing to edge computing upside at tower sites.
- JPMorgan favors AMT over Crown Castle, citing stronger U.S. tower growth and data center exposure.
- A $1.6B multi-tranche notes deal pushes maturities out to 2031–2036 while retiring $600M of 1.45% 2026 notes and paying down the $6B revolver.
- The REIT kept its $1.79 quarterly dividend, payable 2026/10/20 to holders of record on 2026/09/30.
- Board refresh continues with Kristen M. Ludgate, ex-HP and 3M executive, joining American Tower’s board.