01:20 PM EDT, 04/28/2026 (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 maintain our 12-month target of $210 on an EV/EBITDA multiple of 18.0x our 2026 estimate, a discount to its three-year average of 20.2x. We increase our 2026 adjusted FFO estimate by $0.17 to $11.08 and increase 2027 by $0.11 to $11.62. AMT's outperformance in Q1 was due to solid underlying growth, favorable foreign exchange rates, and straight-line revenue adjustments. The European business has continued to outperform its acquisition assumptions, with plans for over 700 new sites this year and management noting the strong operational performance is winning new build-to-suit contracts from carriers. We still see a long runway for domestic growth, with mobile data traffic expected to double in five years due to the proliferation of AI applications and future network densification required for 6G. CoreSite is seeing accelerating demand for interconnected infrastructure to support AI inferencing workloads, with management believing this is a durable, long-term trend.