American Tower Delivers Strong AFFO Growth, Softer 2026 Guidance

American Tower reported Q4 2025 results and updated guidance on Feb. 25, with CEO Steven Vondran saying attributable AFFO per share rose 8% for the full year and accelerated over 13% in Q4. Scotiabank lowered its price target to $214 but kept an Outperform rating, citing steady tower leasing, CoreSite strength, softer 2026 guidance, and DISH lease default litigation.