** Brokerage Wells Fargo upgrades wireless tower operators American Tower AMT.N to "overweight" from "equal weight" and Crown Castle CCI.N to "equal weight" from "underweight"
** Raises PT of AMT to $230 from $210 and CCI to $105 from $85
** Brokerage is increasingly favorable on the tower sector throughout 2025 and heading into 2026, with optimism that carrier activity and domestic billings should improve
** Says steadily improving organic billings as new colocations and leases ramp up, particularly from AT&T T.N, but also selectively with T-Mobile US TMUS.O to help growth for AMT
** Says CCI's fiber and small cell divestiture enables the company to focus solely on the U.S. tower operations and drive long-term growth while increasing its valuation multiples
** Up to last close, AMT stock up 5.9% and CCI stock down 2.8% in the past 12 months
(Reporting by Padmanabhan Ananthan)
((Padmanabhan.Ananthan@thomsonreuters.com;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。