Scotiabank Lowers Crown Castle (NYSE:CCI) Price Target to $94.00

Crown Castle (NYSE:CCI) had its price objective dropped by Scotiabank from $96.00 to $94.00 in a research note issued to investors on Thursday, MarketBeat reports. The firm presently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s price objective suggests a potential upside of 16.04% from the company’s current price.

Other research analysts have also issued reports about the stock. Royal Bank Of Canada reduced their price objective on shares of Crown Castle from $112.00 to $110.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. Citigroup reduced their price target on Crown Castle from $124.00 to $110.00 and set a “buy” rating for the company in a research report on Thursday, October 16th. Weiss Ratings reissued a “sell (d)” rating on shares of Crown Castle in a report on Monday, December 29th. Zacks Research lowered Crown Castle from a “hold” rating to a “strong sell” rating in a report on Friday, January 30th. Finally, Wells Fargo & Company decreased their price target on Crown Castle from $105.00 to $90.00 and set an “overweight” rating on the stock in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $100.61.

Crown Castle Stock Up 3.4%

Shares of NYSE:CCI opened at $81.01 on Thursday. The firm has a market capitalization of $35.28 billion, a PE ratio of 80.21, a P/E/G ratio of 0.52 and a beta of 0.96. The company has a 50-day moving average price of $87.47 and a two-hundred day moving average price of $93.93. Crown Castle has a twelve month low of $77.01 and a twelve month high of $115.76.

Institutional Trading of Crown Castle

A number of large investors have recently modified their holdings of the business. Vanguard Group Inc. increased its position in shares of Crown Castle by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 69,769,393 shares of the real estate investment trust’s stock worth $6,200,406,000 after purchasing an additional 386,733 shares during the last quarter. State Street Corp grew its stake in Crown Castle by 1.2% in the 3rd quarter. State Street Corp now owns 21,728,541 shares of the real estate investment trust’s stock worth $2,096,587,000 after buying an additional 266,963 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Crown Castle by 33.2% in the 3rd quarter. Invesco Ltd. now owns 6,437,685 shares of the real estate investment trust’s stock worth $621,172,000 after buying an additional 1,605,291 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Crown Castle by 3.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 6,185,915 shares of the real estate investment trust’s stock valued at $596,876,000 after buying an additional 177,896 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Crown Castle during the 2nd quarter worth $629,431,000. Institutional investors own 90.77% of the company’s stock.

Key Stories 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

Crown Castle Company Profile

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.