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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InAmerican Tower reported robust Q1 2026 financial results, with total revenue reaching $2.74 billion, exceeding analyst expectations. Following this performance, Mizuho upgraded the stock rating for AMT to 'Outperform,' suggesting that the company's data center business is currently undervalued. This positive momentum led management to raise its full-year guidance for property revenue and Adjusted EBITDA. The company attributed the improved outlook to strong leasing demand and the expanding adoption of cloud services and AI-driven workloads. Growth was further supported by accelerating revenue in Latin America and favorable foreign currency fluctuations. These results, coupled with the analyst upgrade, underscore the company's strategic growth trajectory within the telecommunications REIT sector.