Barclays Maintains Overweight on SBA Comms, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brendan Lynch has maintained an Overweight rating on SBA Communications (NASDAQ:SBAC) and increased the price target from $251 to $265.
January 24, 2024 | 9:18 pm
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Barclays analyst Brendan Lynch has reaffirmed SBA Communications' Overweight rating and raised the price target to $265, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a positive assessment of SBA Communications' future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100