Citigroup Maintains Buy on SBA Comms, Lowers Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Rollins has maintained a 'Buy' rating on SBA Comms (NASDAQ:SBAC) but lowered the price target from $260 to $235.
October 17, 2023 | 3:07 pm
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Citigroup has maintained a 'Buy' rating on SBA Comms but lowered the price target from $260 to $235.
The news is directly related to SBA Comms as Citigroup has maintained a 'Buy' rating on the company but lowered the price target. This could potentially lead to a short-term neutral impact on the stock as the lowered price target might cause some investors to reassess their positions, but the maintained 'Buy' rating indicates that the analyst still sees potential in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100