Crown Castle Downgraded to Underweight by JPMorgan Chase

Crown Castle (NYSE:CCI) is facing an 'underweight' rating from JPMorgan Chase & Co., according to a report released on Monday. The investment analysts at JPMorgan Chase have lowered their price target for CCI stock to $80.00, down from their previous estimate of $85.00.

This potential upside of 5.68% is based on the stock's previous close. Crown Castle has been the subject of various research reports in recent months, with several analysts adjusting their price targets and ratings.

Some analysts have expressed optimism about CCI's prospects, with TD Cowen decreasing its price target to $92.00 while maintaining a 'buy' rating. Royal Bank Of Canada also cut its price target to $90.00 but maintained an 'outperform' rating.