Goldman Highlights American Tower (AMT) Diversification and Data Center Exposure

American Tower Corporation (NYSE:AMT) is one of the 14 AI Stocks Making Moves on Wall Street: Nvidia, Micron, and More.One Wall Street firm has recently assumed coverage on American Tower, citing it as one of the best positioned stock in its peer group with a clear path toward high single-digit AFFO growth. On June 26, Goldman Sachs analyst Michael Ng assumed coverage on American Tower with a Buy rating and a $215 price target.

We assume coverage of American Tower (AMT) with a Buy rating and a 12-month target price of $215. American Tower is the leading global operator of tower assets.

AMT also recently resolved its Echostar contract dispute, removing an estimated 2% of consolidated property revenue and 4% of US and Canada property revenue from its 2026 outlook. Despite this reduction, the firm still believes that AMT has a solid path to growth.

This optimism around AMT's growth is backed by its faster growth in international markets, its accelerating data center business, and cost-efficiency business.

In our view, AMT is the best-positioned stock in the US tower group given its diversified revenue base, data center exposure, and capital allocation flexibility now that the comp

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/goldman-highlights-american-tower-amt-102646063.html)