On October 9, Crown Castle rose 11.76% in regular trading, trading at $77.445 per share, with turnover of $65.55 million.

The move came after Barclays raised its price target on Crown Castle to $86 from $84 while maintaining an Overweight rating. This is the firm's second positive action since upgrading the stock from Equal Weight in August. The target increase signals greater optimism about the company's outlook.

Crown Castle is a leading U.S. communications infrastructure REIT with over 40,000 towers and large portfolios of small cells and fiber assets. Its core revenue comes from long-term site lease contracts. The company is scheduled to report third quarter results after the market closes on October 21, with analysts expecting earnings of $1.16 per share.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)