American Tower (AMT) NewsBite - Upgrade Boosts AMT
Wed. October 01, 2008; Posted: 11:31 AM
Oct 01, 2008 (Fresh Brewed Media via COMTEX) --
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PowerRating -- American Tower (NYSE:
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PowerRating) opened at $35.97. So far today, the stock has hit a low of $35.97 and a high of $37.28. AMT is now trading at $36.59, up $0.62 (1.72%). Over the last 52 weeks the stock has ranged from a low of $31.89 to a high of $46.53. AMT shares are rising today after a Goldman Sachs analyst upgraded the stock to "Buy" from "Neutral." Technical indicators for the stock are bullish and S&P gives AMT a positive 5 STARS (out of 5) strong buy ranking. If you are looking for a hedged play on AMT the stock seems like it could be a candidate for a November out-of-the-money bull-put credit spread below the 32.50 range.
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For full details on American Tower Corp (AMT)
click here. American Tower Corp (AMT) has Short Term PowerRatings of 6. Details on American Tower Corp (AMT) Short Term PowerRatings is available at
This Link.
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