What Happened
BMO Capital Markets has raised its price target for American Tower (NYSE: AMT) from $185.00 to $200.00, as reported by MarketScreener. This adjustment reflects a potential upside of 7.02% from the current stock price. The firm maintains a ‘market perform’ rating on the real estate investment trust’s stock. Other analysts have also adjusted their targets, with HSBC lowering its target from $235.00 to $205.00, while Scotiabank decreased its target from $248.00 to $220.00.
Why It Matters
The adjustments in price targets from BMO and other analysts indicate a cautious optimism regarding American Tower’s performance. The raised target by BMO suggests confidence in the company’s ability to navigate market challenges and achieve steady growth. Similarly, on February 24, 2026, BMO Capital also raised its price target for Emera Incorporated to C$74, maintaining an ‘Outperform’ rating, which reflects ongoing analyst confidence in the company’s financial stability following its recent Q4 2025 results.
What’s Next
Investors will be closely monitoring the performance of American Tower and Emera Incorporated in the coming months. The raised price targets may influence investor sentiment and trading activity, as analysts continue to assess the companies’ financial health and market conditions. Additionally, the broader implications of these adjustments could affect investor strategies in the real estate and utility sectors.
