Master of Real Estate Student at Texas A&M University | Mays Business School | Commercial Banking Program Class XII
Howdy! Buy Order! This past week the Real Estate & Financials sector (Christian Larios-Cruz, Maxwell Finnegan, Reece Jumonville, and Gauravaram Ganesh Sudhakar) in the Aggie Investment Club Equity Fund pitched Crown Castle (NYSE: CCI), a cell tower and telecommunications infrastructure company based in Houston. The fund accepted our pitch and has allocated 4.4% of our AUM for CCI. Our 2-year price target is $158.68 with an implied 62.22% upside. This interesting story with much noise is fueled by a potential fiber and small cell asset sale (~$12Bn), activist investor Elliott Investment Management L.P., a management shake-up, a current proxy fight started by a co-founder, and significant balance sheet restructuring. Attached below is our full presentation, valuation models, and in-depth investment thesis on Crown Castle. Please let me know what you think! #longAIC #ReclaimingTheCrown #RestoringTheCastle
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