American Tower (AMT -4.5%) is diving on a downgrade to Neutral from Citi. The firm cites a high...

|About: American Tower Corporation (AMT)|By:, SA News Editor

American Tower (AMT -4.5%) is diving on a downgrade to Neutral from Citi. The firm cites a high valuation following a strong run-up over the last 12 months, and a lack of "meaningful upside" to Street estimates. Other wireless tower owners are lower in sympathy. SBAC -2%. CCI -2.7%.