Barclays has lowered its price target for Crown Castle (NYSE:CCI) from $101 to $91, maintaining an “equal weight” rating, which implies a modest upside of 0.43% from its previous close. This reduction aligns with similar target trims by other analysts, resulting in an average price target near $100 and a consensus “Hold” rating. Despite these analyst adjustments, institutional investors like Vanguard and State Street have recently increased their stakes in the company.
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Crown Castle (NYSE:CCI) Given New $91.00 Price Target at Barclays
Barclays has lowered its price target for Crown Castle (NYSE:CCI) from $101 to $91, maintaining an “equal weight” rating, which implies a modest upside of 0.43% from its previous close. This reduction aligns with similar target trims by other analysts, resulting in an average price target near $100 and a consensus “Hold” rating. Despite these analyst adjustments, institutional investors like Vanguard and State Street have recently increased their stakes in the company.