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Northeast Investment Management Reduces Position in American Tower Corporation $AMT
Northeast Investment Management has reduced its stake in American Tower Corporation (AMT) by 4.4% in the fourth quarter, selling 7,285 shares. Despite this reduction, American Tower reported strong quarterly results, surpassing EPS and revenue estimates, and increasing its quarterly dividend. The stock currently holds a “Moderate Buy” consensus rating from analysts with a price target of $218.05.