B of A Securities Downgrades SBA Comms to Neutral, Announces $245 Price Target
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst David Barden has downgraded SBA Comms (NASDAQ:SBAC) from Buy to Neutral and set a price target of $245.
August 10, 2023 | 12:28 pm
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SBA Comms has been downgraded from Buy to Neutral by B of A Securities, with a price target of $245.
The downgrade from Buy to Neutral by B of A Securities indicates a less optimistic outlook for the company's stock in the short term. This could potentially lead to a decrease in demand for the stock, putting downward pressure on its price.
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