{
Crown Castle Inc.

Companies

}

crown castle inc receives neutral rating from ubs on wireless infrastructure leasing

Crown Castle Inc. focuses on the ownership, management, and leasing of shared wireless infrastructure, with 93.6% of net sales derived from leasing space on over 40,000 towers and rooftops, as well as distributed antenna systems. The remaining 6.4% comes from network services, including antenna installation and fiber optic services. UBS has issued a neutral rating for the company.
MarketScreener
Crown Castle Inc. UBS SA USA
TradFi, Market Report
17:13 17.10.2024

UBS raises Crown Castle price target to 118 while maintaining neutral rating

UBS has raised its price target for Crown Castle to $118 from $103 while maintaining a Neutral rating. The company's Q3 revenues met expectations, with EBITDA and adjusted FFO exceeding estimates by 2%-4%. However, an 8% decline in AFFO per share is anticipated for 2024, followed by low single-digit declines in 2025, before a return to growth in 2026.
TipRanks Financial
United States Dollar Crown Castle Inc. USA
TradFi, Market Report
14:47 17.10.2024
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