Morgan Stanley slashes price target on American Tower Corp [AMT] – find out why.

American Tower Corp [NYSE: AMT] loss -3.79% on the last trading session, reaching $212.60 price per share at the time.

If compared to the average trading volume of 2.90M shares, AMT reached a trading volume of 7045906 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about American Tower Corp [AMT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMT shares is $235.68 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMT stock is a recommendation set at 1.38. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Morgan Stanley have made an estimate for American Tower Corp shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 01, 2025. While these analysts kept the previous recommendation, Wells Fargo raised their target price from $210 to $230. The new note on the price target was released on March 17, 2025, representing the official price target for American Tower Corp stock. Previously, the target price had yet another raise to $225, while JMP Securities analysts kept a Mkt Outperform rating on AMT stock. On October 10, 2024, analysts decreased their price target for AMT shares from 245 to 230.

The Average True Range (ATR) for American Tower Corp is set at 7.27, with the Price to Sales ratio for AMT stock in the period of the last 12 months amounting to 9.21. The Price to Book ratio for the last quarter was 29.38, with the Price to Cash per share for the same quarter was set at 4.50. Price to Free Cash Flow for AMT in the course of the last twelve months was 26.89.

Trading performance analysis for AMT stock

American Tower Corp [AMT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.48. With this latest performance, AMT shares dropped by -0.09% in over the last four-week period, additionally sinking by -6.05% over the last 6 months – not to mention a rise of 24.11% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMT stock in for the last two-week period is set at 48.64, with the RSI for the last a single of trading hit 45.14, and the three-weeks RSI is set at 50.81 for American Tower Corp [AMT]. The present Moving Average for the last 50 days of trading for this stock 208.71, while it was recorded at 218.44 for the last single week of trading, and 209.53 for the last 200 days.

American Tower Corp [AMT]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for American Tower Corp go to 16.55%.

An analysis of Institutional ownership at American Tower Corp [AMT]

There are presently around $94.50%, or 94.65%% of AMT stock, in the hands of institutional investors. The top three institutional holders of AMT stocks are: VANGUARD GROUP INC with ownership of 62.54 million shares, which is approximately 13.3911%. BLACKROCK INC., holding 38.11 million shares of the stock with an approximate value of $$7.41 billion in AMT stocks shares; and BLACKROCK INC., currently with $$4.02 billion in AMT stock with ownership which is approximately 4.3974%.