Morgan Stanley Maintains Overweight on SBA Comms, Raises Price Target to $252
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simon Flannery has maintained an Overweight rating on SBA Communications (NASDAQ:SBAC) and increased the price target from $232 to $252.
September 18, 2024 | 5:18 pm
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Morgan Stanley has reaffirmed its Overweight rating on SBA Communications and increased the price target to $252, indicating a positive outlook.
The increase in price target from $232 to $252 by Morgan Stanley suggests a positive outlook for SBA Communications, likely leading to a short-term price increase. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100