RBC Capital upgrades American Tower to Outperform with $205 target despite recent stock dips.

RBC Capital upgraded American Tower's stock rating to Outperform and set a price target of $205, suggesting a 21.5% upside from current levels. Despite this positive outlook, the stock has recently declined by 3.29% in one day and 5.69% over the past month. The company is expected to report a 3.46% increase in earnings per share and a 3.09% rise in revenue next quarter. However, a discounted cash flow analysis values the stock at about $134 per share, indicating some caution in valuation despite the upgrade.