Here's What Wall Street Thinks About American Tower Corporation (AMT)

​American Tower Corporation (NYSE:AMT) is one of the Best Stocks to Buy and Hold for 2026. On December 16, Eric Luebchow from Wells Fargo reiterated a Buy rating on the stock with a $200 price target. Earlier on December 9, Batya Levi from UBS also reiterated a Buy rating on American Tower Corporation (NYSE:AMT) and kept the price target the same at $260.

​Analyst Levi of UBS noted that the firm reiterated its bullish sentiment on the stock after Steve Vondran, CEO and President of American Tower Corporation (NYSE AMT), presented at the UBS Global Media & Communications Conference. At the conference, management highlighted its 2026 strategic priorities, including accelerating organic growth across all regions, driving efficiencies by lowering SG&A as a percentage of sales, and increasing discipline across capital allocation.

​Moreover, Levi also highlighted that with the expectation that carriers will need to double their capacity over the next 5 years, the analyst sees American Tower Corporation (NYSE:AMT) as well-positioned to benefit from the increased infrastructure.

Lastly, regarding the Echostar litigation, management noted that while the issue can take longer to settle via courts, they remain open to settling the issue outside the court proceedings with Echostar.

American Tower Corporation (NYSE:AMT) is one of the biggest REITs in the United States, which owns and manages communications real estate within the country and internationally.

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Disclosure: None. This article is originally published at Insider Monkey.