VNQ, UJB: Big ETF Outflows
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
- Big ETF Outflows: The ProShares Ultra High Yield ETF experienced the largest outflow, losing 70,000 units, a 38.9% decline compared to the previous week.
- Author's Disclaimer: The views and opinions expressed in the content are those of the author and may not represent Nasdaq, Inc.'s views.
Analyst Views on AMT
Wall Street analysts forecast AMT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMT is 217.69 USD with a low forecast of 185.00 USD and a high forecast of 260.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
10 Buy
5 Hold
0 Sell
Moderate Buy
Current: 176.950
Low
185.00
Averages
217.69
High
260.00
Current: 176.950
Low
185.00
Averages
217.69
High
260.00
About AMT
American Tower Corporation is a global real estate investment trust (REIT) and an independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 150,000 communications sites and a highly interconnected footprint of United States data center facilities. The Company's segments include U.S. & Canada property, Africa & APAC property, Europe property, Latin America property, Data Centers and Services. The Company’s primary business is leasing space on multitenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. The Company’s Data Centers segment relates to data center facilities and related assets that it owns and operates in the United States. Its Services segment offers tower-related services in the United States, including AZP, structural and mount analyses, and construction management.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
