TD Cowen Maintains Outperform on SBA Comms, Lowers Price Target to $327
Portfolio Pulse from jenniferd'souza@benzinga.com
TD Cowen analyst Gregory Williams maintains an Outperform rating on SBA Comms (NASDAQ:SBAC) but lowers the price target from $329 to $327.
August 01, 2023 | 3:01 pm
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TD Cowen maintains an Outperform rating on SBA Comms but lowers the price target from $329 to $327.
The news is directly about SBA Comms and is likely to influence investor sentiment. The Outperform rating suggests that the analyst expects the stock to do better than the market average. However, the lowering of the price target might indicate a slightly less optimistic outlook, which could have a neutral to slightly negative impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100