Citigroup Lowers Crown Castle (NYSE:CCI) Price Target to $106.00

Crown Castle (NYSE:CCI) had its target price dropped by analysts at Citigroup from $110.00 to $106.00 in a research report issued on Thursday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. Citigroup’s price target suggests a potential upside of 30.85% from the company’s current price.

A number of other equities analysts have also recently issued reports on CCI. Royal Bank Of Canada lowered their target price on Crown Castle from $112.00 to $110.00 and set an “outperform” rating for the company in a report on Monday, January 12th. Raymond James Financial reduced their price target on Crown Castle from $120.00 to $106.00 and set a “strong-buy” rating on the stock in a report on Friday, January 23rd. New Street Research lowered shares of Crown Castle from a “buy” rating to a “neutral” rating and set a $93.00 price objective for the company. in a report on Monday, January 5th. JPMorgan Chase & Co. reduced their target price on shares of Crown Castle from $110.00 to $95.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, Wells Fargo & Company decreased their price target on shares of Crown Castle from $105.00 to $90.00 and set an “overweight” rating for the company in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $100.61.

Crown Castle Stock Performance

Shares of NYSE:CCI opened at $81.01 on Thursday. Crown Castle has a 52-week low of $77.01 and a 52-week high of $115.76. The company has a market capitalization of $35.28 billion, a PE ratio of 80.21, a price-to-earnings-growth ratio of 0.52 and a beta of 0.96. The company has a fifty day moving average of $87.47 and a 200-day moving average of $93.93.

Hedge Funds Weigh In On Crown Castle

A number of hedge funds have recently bought and sold shares of the company. Winnow Wealth LLC bought a new stake in Crown Castle during the second quarter valued at $26,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Crown Castle in the 2nd quarter worth about $27,000. NewSquare Capital LLC lifted its stake in shares of Crown Castle by 74.5% in the 2nd quarter. NewSquare Capital LLC now owns 281 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 120 shares during the period. Wiser Advisor Group LLC bought a new stake in shares of Crown Castle during the 3rd quarter valued at about $29,000. Finally, Creative Financial Designs Inc. ADV grew its stake in Crown Castle by 47.8% during the second quarter. Creative Financial Designs Inc. ADV now owns 303 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 98 shares during the period. Institutional investors own 90.77% of the company’s stock.

Crown Castle News Roundup

Here are the key news stories impacting Crown Castle this week:

• Positive Sentiment: Q4 results beat estimates — Crown Castle topped AFFO/FFO and revenue consensus (FFO $1.12 vs. $1.07 estimate) and flagged stronger services revenue growth, which supports near‑term cash flow expectations. Article Title
• Positive Sentiment: Earnings and revenue surprises reinforced by multiple outlets reporting beats — these beats likely underpin buying interest and justify the stock strength despite other headwinds. Article Title
• Neutral Sentiment: Management commentary and investor presentation are available (earnings call transcript & slides); investors should review guidance details and management’s outlook for EBITDA, capital allocation and DISH exposure to assess longer‑term impact. Article Title
• Negative Sentiment: Banks and analysts broadly trimmed price targets this week (examples: Citi to $106 from $110, Goldman to $95 from $105, HSBC to $88.40 from $107, BMO to $91), and several firms moved ratings toward neutral/hold — these cuts signal reduced near‑term upside in street models and are pressuring sentiment. Article Title Article Title
• Negative Sentiment: Management issued softer EBITDA guidance and announced job cuts; media noted the stock dipped on that news — weaker guidance increases execution risk and could limit multiple expansion. Article Title
• Negative Sentiment: External tenant risk remains (reports discuss DISH-related uncertainty/default risk affecting tower demand), a macro/regulatory or tenant‑specific shock could weigh on occupancy and cash flow. Article Title

About Crown Castle

Crown Castle is a U.S.-focused communications infrastructure company organized as a real estate investment trust (REIT) that owns, operates and leases shared wireless infrastructure. Its primary business consists of providing tower-based site leases, small cell networks and fiber solutions that support mobile voice and data transmission for wireless carriers, cable companies and other enterprise customers. The company’s assets are positioned to enable network coverage and capacity, including the densification projects associated with 4G LTE and 5G deployments.

Its product and service offerings include ground-based tower sites that host multiple wireless operators, distributed small cell nodes and associated fiber backhaul used to connect sites into carrier networks, and site development and maintenance services.