Wells Fargo & Company Reiterates Equal Weight Rating for Crown Castle (NYSE:CCI)

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Wells Fargo & Company has reiterated an “equal weight” rating for Crown Castle (NYSE:CCI) but reduced its price target to $85 from $90, indicating a potential upside of approximately 3%. Despite recent target trims by some analysts, the consensus from MarketBeat remains a “Moderate Buy” with an average price target of $99.86. Institutional ownership of Crown Castle is significantly high at around 90.77%, with major firms increasing their stakes, while insiders have made small sales.

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