Wireless tower owner Crown Castle (CCI +1.4%) trades higher following bullish comments from...

|About: Crown Castle International ... (CCI)|By:, SA News Editor

Wireless tower owner Crown Castle (CCI +1.4%) trades higher following bullish comments from Benchmark, which is lifting its PT to $63. The firm claims U.S. leasing activity for wireless towers is ramping as the four major carriers build out their 4G networks (I, II, III, IV), and Crown Castle, which receives 94% of its revenue from the U.S., is well-positioned to benefit. (previously)