Crown Castle (CCI)

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Crown Castle International Corp. (REIT) (CCI) Receives Consensus Rating of "Buy" from Brokerages
By: MarketBeat | May 30, 2021

Crown Castle International Corp. (REIT) (NYSE:CCI) has received an average recommendation of "Buy" from the fifteen brokerages that are currently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $189.00.

CCI has been the topic of a number of research reports. Royal Bank of Canada raised their price target on Crown Castle International from $176.00 to $210.00 and gave the company an "outperform" rating in a research report on Monday, May 3rd. Jefferies Financial Group initiated coverage on Crown Castle International in a research report on Monday, April 19th. They set a "buy" rating and a $205.00 price target on the stock. Oppenheimer raised their price target on Crown Castle International from $170.00 to $205.00 and gave the company an "outperform" rating in a research report on Monday, May 3rd. JPMorgan Chase & Co. raised their price objective on Crown Castle International from $189.00 to $200.00 and gave the company an "overweight" rating in a research note on Wednesday, May 5th. Finally, Wolfe Research assumed coverage on Crown Castle International in a research note on Wednesday, March 24th. They set a "peer perform" rating and a $165.00 price objective on the stock.

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