KeyCorp Lowers Crown Castle (NYSE:CCI) Price Target to $98.00

Crown Castle (NYSE:CCI) had its price target reduced by analysts at KeyCorp from $115.00 to $98.00 in a research report issued to clients and investors on Thursday,MarketScreener reports. The brokerage currently has an “overweight” rating on the real estate investment trust’s stock. KeyCorp’s price objective indicates a potential upside of 20.97% from the company’s current price.

Several other research firms have also recently issued reports on CCI. Citigroup lowered their price objective on Crown Castle from $124.00 to $110.00 and set a “buy” rating on the stock in a research report on Thursday, October 16th. New Street Research downgraded Crown Castle from a “buy” rating to a “neutral” rating and set a $93.00 price target on the stock. in a report on Monday, January 5th. The Goldman Sachs Group reduced their price objective on Crown Castle from $117.00 to $105.00 and set a “neutral” rating for the company in a report on Friday, January 16th. Royal Bank Of Canada decreased their target price on Crown Castle from $112.00 to $110.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. Finally, BMO Capital Markets dropped their price target on shares of Crown Castle from $107.00 to $97.00 and set an “outperform” rating on the stock in a report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Crown Castle presently has a consensus rating of “Moderate Buy” and a consensus target price of $100.61.

Crown Castle Stock Performance

Shares of NYSE CCI opened at $81.01 on Thursday. The firm’s 50 day moving average price is $87.47 and its 200-day moving average price is $93.93. Crown Castle has a 52-week low of $77.01 and a 52-week high of $115.76. The company has a market cap of $35.28 billion, a PE ratio of 80.21, a P/E/G ratio of 0.52 and a beta of 0.96.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC grew its stake in shares of Crown Castle by 7.5% during the 1st quarter. Empowered Funds LLC now owns 16,444 shares of the real estate investment trust’s stock valued at $1,714,000 after acquiring an additional 1,150 shares during the period. Ameritas Advisory Services LLC purchased a new position in Crown Castle during the second quarter valued at approximately $62,000. KLP Kapitalforvaltning AS boosted its position in shares of Crown Castle by 3.1% in the second quarter. KLP Kapitalforvaltning AS now owns 154,679 shares of the real estate investment trust’s stock worth $15,890,000 after purchasing an additional 4,700 shares during the period. BankPlus Trust Department purchased a new stake in shares of Crown Castle in the second quarter worth $97,000. Finally, Optas LLC bought a new stake in shares of Crown Castle during the 2nd quarter valued at $240,000. Institutional investors own 90.77% of the company’s stock.

Key Headlines Impacting Crown Castle

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.