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Crown Castle price target lowered to $121 from $141 at TD Cowen

TD Cowen analyst Gregory Williams lowered the firm’s price target on Crown Castle to $121 from $141 and keeps an Outperform rating on the shares. The firm said they posted in-line 2024 leasing guide reflecting the revised bearish views with 85% of Towers New Leasing guide baked in and guided higher capex.

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