15 Most Favored REITs According to Hedge Funds

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1. American Tower Corporation (NYSE:AMT)

Sector/Industry: Real Estate Investment Trust (Specialty)

Share Price: $183.57

Potential Upside: 16.4%

Number of Hedge Fund Holders: 75

American Tower Corporation (NYSE:AMT) is one of the most favored real estate investment trusts according to Hedge Funds.

On January 14, Scotiabank analyst Maher Yaghi reaffirmed an Outperform rating for American Tower Corporation (NYSE:AMT). He lowered his price target forecast from $248 to $220, resulting in a revised upside of almost 20%.

Yaghi’s rating is part of Scotiabank’s revised outlook on the U.S. Real Estate & REITs segment. Such adjustments reflect the firm’s assessment of upcoming fourth-quarter announcements. The firm sees relatively sound investor demand for multifamily and self-storage assets based on their favorable 2026 projections.

On January 12, JPMorgan also maintained an Overweight rating on American Tower Corporation (NYSE:AMT). However, AMT was again subject to a downward price target revision from $250 to $245. The firm attributed this revision to uncertainties linked with EchoStar, which are expected to have an impact on the tower business segment. Despite the adjustment, the firm’s projections still offer a 33.5% upside at the prevailing level.

American Tower Corporation (NYSE:AMT) manages a portfolio of multitenant communications infrastructure assets and offers colocation services where it operates as a tenant-neutral host. The asset base comprises data centers, communication sites, and cell towers spread out across Africa, the Americas, Asia, and Europe.

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READ NEXT: 15 Most Promising Mid-Cap Healthcare Stocks Under $50 and 11 Most Promising Small-Cap Industrial Stocks Under $50.

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