BUZZ-JP Morgan lowers PT on American Towers, Crown Castle, and SBA Communications

Reuters

Jan 13

BUZZ-JP Morgan lowers PT on American Towers, Crown Castle, and <a href="https://laohu8.com/S/SBAC">SBA Communications</a>

** Brokerage JP Morgan cuts PT on American Tower AMT.N to $245 from $250, Crown Castle CCI.N to $110 from $115, and SBA Communications SBAC.O to $240 from $245

** Brokerage cuts new leasing forecasts for cos on potential EchoStar/DISH impact

** JP Morgan now sees 2026 new colocation/amendment revenue of $138 mln for AMT, down from $158 mln; $91m for CCI, down from $116 mln; and $38mln for SBAC, down from $40 mln

** JP Morgan expects that EchoStar's SATS.O DISH Network, a customer for cos such as AMT, CCI and SBAC, to keep paying lease obligations until spectrum transactions close, around mid-2026

** Adds, this will negatively affect results for cos Q3 2026 onward

** In 2025 AMT was down 4.3%, CCI was down 2.1% and SBAC was down 5.1%

(Reporting by Arnav Mishra in Bengaluru)

((Arnav.Mishra@thomsonreuters.com;))

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$91m for CCI, down from $116 mln; and $38mln for SBAC, down from $40 mln</p><p>** JP Morgan expects that EchoStar's <span>SATS.O</span> <a href=\"https://laohu8.com/S/DISHR\">DISH Network</a>, a customer for cos such as AMT, CCI and SBAC, to keep paying lease obligations until spectrum transactions close, around mid-2026</p><p>** Adds, this will negatively affect results for cos Q3 2026 onward</p><p>** In 2025 AMT was down 4.3%, CCI was down 2.1% and SBAC was down 5.1%</p><p>(Reporting by Arnav Mishra in Bengaluru)</p><p>((Arnav.Mishra@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4515","symbol_name":"5G概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260112:nL4N3YD0US:1","article_id":"2603237528","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2603237528","pubTimestamp":1768244210,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-JP Morgan lowers PT on American Towers, Crown Castle, and SBA Communications** Brokerage JP Morgan cuts PT on American Tower AMT.N to $245 from $250, Crown Castle CCI.N to $110 from $115, and SBA","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4515":"5G概念","BK4581":"高盛持仓","SATS":"回声星通信","BK4089":"非传统电信运营商","CCI":"冠城","BK4566":"资本集团","BK4100":"有线和卫星","AMT":"美国电塔","BK4219":"电信塔房地产信托","BK4588":"碎股","BK4534":"瑞士信贷持仓","BK4554":"元宇宙及AR概念","BK4585":"ETF&股票定投概念","SBAC":"SBA通信","BK4084":"特种房地产投资信托"},"translate_title":"BUZZ-摩根大通降低American Towers、Crown Castle和SBA Communications的PT","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SATS":0.9,"AMT":0.9,"CCI":0.9,"SBAC":0.9},"content_text":"BUZZ-JP Morgan lowers PT on American Towers, Crown Castle, and SBA Communications** Brokerage JP Morgan cuts PT on American Tower AMT.N to $245 from $250, Crown Castle CCI.N to $110 from $115, and SBA Communications SBAC.O to $240 from $245** Brokerage cuts new leasing forecasts for cos on potential EchoStar/DISH impact** JP Morgan now sees 2026 new colocation/amendment revenue of $138 mln for AMT, down from $158 mln; $91m for CCI, down from $116 mln; and $38mln for SBAC, down from $40 mln** JP Morgan expects that EchoStar's SATS.O DISH Network, a customer for cos such as AMT, CCI and SBAC, to keep paying lease obligations until spectrum transactions close, around mid-2026** Adds, this will negatively affect results for cos Q3 2026 onward** In 2025 AMT was down 4.3%, CCI was down 2.1% and SBAC was down 5.1%(Reporting by Arnav Mishra in Bengaluru)((Arnav.Mishra@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}