Raymond James Maintains Strong Buy on SBA Comms, Lowers Price Target to $297
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Ric Prentiss has maintained a 'Strong Buy' rating on SBA Comms (NASDAQ:SBAC), but lowered the price target from $330 to $297.

August 01, 2023 | 11:44 am
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Raymond James has maintained a 'Strong Buy' rating on SBA Comms, but lowered the price target from $330 to $297.
The 'Strong Buy' rating indicates that Raymond James still sees potential in SBA Comms. However, the lowering of the price target could indicate a potential slowdown in growth or a reassessment of the company's value. This could lead to short-term uncertainty among investors, potentially impacting the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100