On Oct 18, major Wall Street analysts update their ratings for $Crown Castle (CCI.US)$, with price targets ranging from $115 to $128.
J.P. Morgan analyst Richard Choe maintains with a hold rating, and adjusts the target price from $124 to $121.
BofA Securities analyst David Barden maintains with a hold rating, and maintains the target price at $115.
Citi analyst Michael Rollins maintains with a buy rating, and adjusts the target price from $126 to $128.
TD Cowen analyst Michael Elias maintains with a buy rating, and maintains the target price at $123.
KeyBanc analyst Brandon Nispel maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Crown Castle (CCI.US)$'s main analysts recently are as follows:
Crown Castle's third-quarter revenues aligned with projections, whereas EBITDA and adjusted FFO surpassed expectations by 2%-4%. It is anticipated that increased interest expenses, a reduced contribution from services, along with decreased prepaid amortization and Sprint cancellation fees, will contribute to an 8% fall in AFFO per share in 2024. This is expected to precede minor declines in the following year and a resurgence of growth in 2026.
Crown Castle's recent quarterly report was notably straightforward, lacking significant updates on the timing or structure of the company's strategic review. Analysts anticipate that a fiber or small cell sale remains the most probable outcome, though there is an increasing likelihood that Crown Castle may decide to retain the business.
The third-quarter AFFO per share slightly exceeded expectations, and the guidance for FY24 was reiterated. The overall results for Q3 were considered to surpass anticipations. Despite the lack of updates on the fiber strategic review during this quarter, recent reports imply that developments may be forthcoming.
The firm reported a modest outperformance in 3Q24 and has largely retained its guidance for 2024. The primary area of interest continues to be the outcome of the Fiber strategic review, on which management has offered minimal new information.
Here are the latest investment ratings and price targets for $Crown Castle (CCI.US)$ from 6 analysts:
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美東時間10月18日，多家華爾街大行更新了$冠城國際 (CCI.US)$的評級，目標價介於115美元至128美元。
摩根大通分析師Richard Choe維持持有評級，並將目標價從124美元下調至121美元。
美銀證券分析師David Barden維持持有評級，維持目標價115美元。
花旗分析師Michael Rollins維持買入評級，並將目標價從126美元上調至128美元。
TD Cowen分析師Michael Elias維持買入評級，維持目標價123美元。
KeyBanc分析師Brandon Nispel維持持有評級。
此外，綜合報道，$冠城國際 (CCI.US)$近期主要分析師觀點如下：
冠城國際第三季度收入與預期一致，而EBITDA和調整後的FFO超出了2%-4%的預期。預計隨着利息支出增加，服務貢獻減少，以及預付攤銷費用和Sprint取消費用的減少，2024年每股AFFO將下降8%。預計這將在隨後一年內略微下降，並在2026年重新增長。
冠城國際最近的季度報告非常簡潔，缺乏關於公司戰略審查的時間或結構方面重大更新。分析師預計，出售光纖或5g小基站仍然是最有可能的結果，儘管現在冠城國際有可能決定保留這一業務。
每股AFFO在第三季度略微超出預期，並重申了FY24的指引。第三季度的整體結果被認爲超出了預期。儘管本季度在光纖戰略審查方面缺乏更新，但最近的報告暗示發展可能即將到來。
公司在2024年第三季度表現出現了適度的超越，並基本保持了其2024年的指引。公司主要關注領域仍然是光纖戰略審查的結果，管理層在此方面提供了最新信息的最少內容。
以下爲今日6位分析師對$冠城國際 (CCI.US)$的最新投資評級及目標價：
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