Crown Castle (CCI)

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Crown Castle International Corp. (REIT) (NYSE:CCI) Receives Average Rating of "Hold" from Brokerages
By: MarketBeat | December 31, 2020

Shares of Crown Castle International Corp. (REIT) (NYSE:CCI) have earned a consensus recommendation of "Hold" from the thirteen brokerages that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $175.30.

Several equities analysts have issued reports on CCI shares. Raymond James raised Crown Castle International from a "market perform" rating to an "outperform" rating and set a $172.00 price target on the stock in a research note on Monday, October 26th. Deutsche Bank Aktiengesellschaft raised Crown Castle International from a "hold" rating to a "buy" rating and boosted their price target for the company from $177.00 to $180.00 in a research note on Friday, December 11th. Wells Fargo & Company boosted their price target on Crown Castle International from $170.00 to $175.00 and gave the company an "equal weight" rating in a research note on Wednesday, September 16th. Credit Suisse Group dropped their price target on Crown Castle International from $148.00 to $146.00 and set a "neutral" rating on the stock in a research note on Friday, October 23rd. Finally, BidaskClub lowered Crown Castle International from a "hold" rating to a "sell" rating in a research note on Saturday, December 12th.

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