BMO Capital Maintains Outperform on SBA Comms, Lowers Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Ari Klein has maintained an Outperform rating on SBA Communications (NASDAQ:SBAC) but has lowered the price target from $285 to $265.

February 27, 2024 | 3:22 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on SBA Communications but lowers the price target from $285 to $265.
While the maintenance of an Outperform rating suggests continued confidence in the company's performance, the reduction in the price target could indicate a reassessment of the company's future growth prospects or market conditions. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the positive rating against the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100