RBC Capital Maintains Outperform on SBA Comms, Lowers Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jonathan Atkin has maintained an 'Outperform' rating on SBA Comms (NASDAQ:SBAC), but lowered the price target from $276 to $265.
August 14, 2023 | 11:53 am
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SBA Comms' price target has been lowered from $276 to $265 by RBC Capital, though the 'Outperform' rating is maintained.
The news is directly about SBA Comms and is likely to influence investor sentiment. The lowering of the price target might be seen as a negative signal, but the maintenance of the 'Outperform' rating suggests that the analyst still sees potential in the stock. The impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100