Analysts have been eager to weigh in on the Real Estate sector with new ratings on American Tower (AMT – Research Report) and Redfin (RDFN – Research Report).
American Tower (AMT)
Wells Fargo analyst Eric Luebchow maintained a Buy rating on American Tower yesterday and set a price target of $235.00. The company’s shares closed last Tuesday at $186.68.
According to TipRanks.com, Luebchow is a 1-star analyst with an average return of
American Tower has an analyst consensus of Strong Buy, with a price target consensus of $236.18, a 24.8% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $226.00 price target.
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Redfin (RDFN)
In a report released yesterday, Curtis Nagle from Bank of America Securities reiterated a Sell rating on Redfin, with a price target of $6.00. The company’s shares closed last Tuesday at $7.16.
According to TipRanks.com, Nagle is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Redfin with a $8.08 average price target.
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Read More on AMT:
- AMT Upcoming Earnings Report: What to Expect?
- American Tower Appoints Steven O. Vondran as CEO
- American Tower price target lowered to $224 from $229 at Barclays
- American Tower India sale removes overhang, says BMO Capital
- American Tower to sell India operations to Brookfield Asset Management for $2.5B
