Wells Fargo Maintains Overweight on SBA Comms, Lowers Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow has maintained an Overweight rating on SBA Comms (NASDAQ:SBAC) but lowered the price target from $300 to $270.
July 18, 2023 | 12:50 pm
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NEUTRAL IMPACT
Wells Fargo has maintained an Overweight rating on SBA Comms but lowered the price target from $300 to $270.
The news is directly related to SBA Comms and is likely to influence investor sentiment. The maintained Overweight rating indicates a positive outlook, but the lowered price target may cause some uncertainty. The impact on the stock price is neutral in the short term as the positive and negative signals balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100