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American Tower (AMT) Lifts Data Center Outlook On A Valuation Debate

earningsfinancial marketsreal estatetechnology$AMT

American Tower (AMT) has increased its full-year data center revenue growth outlook to approximately 15% due to strong leasing activity and demand. Despite a recent surge in its share price, the company is still considered undervalued by many investors, with a fair value pegged at $227.26 compared to its current trading price of $188.97. However, potential risks such as higher interest rates and carrier consolidation could impact future valuations.

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Source: Alpha VantageRead at Simply Wall Street

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