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flag Despite major shareholders selling off, American Tower Co. reports strong earnings and maintains a "Buy" rating.

flag CIBC Private Wealth and ClearBridge Investments have recently sold significant shares of American Tower Co. (AMT), reducing their holdings. flag Despite these sales, AMT reported strong Q4 earnings of $2.62 per share, beating estimates by $0.83, and has a consensus "Buy" rating with a target price of $229.43. flag The company's revenue grew 3.7% to $2.55 billion. flag AMT's stock is currently valued at $215.52 per share, with a market cap of $100.74 billion.

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