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Clearstead Advisors LLC Reduces Position in American Tower Corporation $AMT
Clearstead Advisors LLC has reduced its stake in American Tower Corporation (AMT) by 43.0% in the third quarter, selling 15,223 shares and ending with 20,177 shares valued at $3.88 million. This comes as a major shareholder, Tower Corp, also significantly cut its ownership by 91.54%, selling over 2.2 million shares. Despite these reductions, analysts maintain a “Moderate Buy” consensus rating for AMT with a price target of $218.79.