Morgan Stanley Maintains Overweight on SBA Comms, Raises Price Target to $311
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simon Flannery has maintained an Overweight rating on SBA Comms (NASDAQ:SBAC) and raised the price target from $308 to $311.
September 11, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on SBA Comms and raised the price target from $308 to $311, which could potentially increase investor confidence and drive the stock price up.
The Overweight rating maintained by Morgan Stanley indicates a positive outlook for SBA Comms. The increase in price target from $308 to $311 suggests that the analyst believes the stock has potential for further growth. This could increase investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100