03:50 PM EDT, 07/29/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We leave our 12-month target unchanged at $245 on an EV/EBITDA multiple of 21.1x to our 2025 estimate, in line with its three-year average of 21.1x. We increase our 2025 adjusted FFO estimate by $0.07 to $10.66 and lift 2026 by $0.17 to $11.47. U.S./Canada organic tenant billings growth will likely drive revenue higher in 2026 as Sprint churn lapses, but Latin American growth continues to disappoint, with management expecting low-single-digit growth through 2027. Colocation represents 10% of site applications (+200% Y/Y) per management. We believe this may be the beginning of densification in high traffic areas. Total site application volumes were up 50% Y/Y, a strong positive as applications would decline before carrier spending slows. We continue to believe AMT's CoreSite data center business will have double-digit growth for next two to three years, with margins expected to expand in this segment over time.