UBS analyst Batya Levi upgraded Crown Castle (CCI) to Buy from Neutral with an unchanged price target of $118, arguing that the newly announced deal to sell Crown’s fiber business for $8.5B ...
Wolfe Research analyst Andrew Rosivach upgraded Crown Castle (CCI) to Peer Perform from Underperform without a price target The macro environment supports defensive businesses, and tower drivers ...
March 13 (Reuters) - Crown Castle (CCI.N), opens new tab said on Thursday it will sell its fiber assets to two entities for $8.5 billion, after activist investor Elliott Investment Management ...
KeyCorp upgraded shares of Crown Castle (NYSE:CCI – Free Report) from a sector weight rating to an overweight rating in a research report released on Friday morning, Marketbeat.com reports.
The sale allows Crown Castle to focus on its core business, which has about 40,000 towers throughout the US. That unit had 4.5% organic revenue growth in 2024, the company said.
The deals mark the conclusion of Crown Castle’s strategic review, which was announced in December 2023 following pressure from activist investor Elliott. Houston-based Crown Castle Inc. (NYSE ...