American Tower Set for Strongest US Net Organic Growth Among Peers, RBC Says

MT Newswires Live06-26

American Tower (AMT) is set to post the strongest US net organic tower growth among its peers through fiscal 2026 amid higher interest rate outlook, RBC Capital Markets said in a Thursday note.

The report pointed to its "superior" organic revenue growth compared with its peers and favorable trends at its CoreSite assets, with recent site visits backing its upbeat view.

"AMT is now our preferred towerco pick," the report said, adding that the broader weakness is an opportune time for share buybacks across the sector.

RBC upgraded the stock to outperform from sector perform and raised its price target to $205 from $195.

Price: 176.26, Change: +7.54, Percent Change: +4.47

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