American Tower Corporation (NYSE: AMT) is among the 13 Most Undervalued Dividend Stocks to Buy According to Wall Street Analysts. JPMorgan lowers AMT price target to $250 amid Dish Wireless notice. The company generates revenue by leasing space on its properties to wireless carriers and enterprise clients.

JPMorgan analyst Richard Choe lowered the price target on AMT to $250 from $255 while maintaining an Overweight rating on the stock. Despite challenges, AMT remains one of the strongest dividend payers in the REIT sector, offering a quarterly dividend of $1.70 per share and a dividend yield of 3.8%.

EchoStar continues to meet its lease payments, ensuring revenue for American Tower as long as it reasonably expects to collect rent. However, the Dish notice could weigh on tower stocks. AMT has increased its dividends for 16 consecutive years, showing financial stability despite recent challenges.

Read more at Yahoo Finance: JPMorgan Lowers American Tower (AMT) Price Target to $250 Amid Dish Wireless Notice