Goldman Sachs Maintains Neutral on SBA Comms, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brett Feldman maintains a Neutral rating on SBA Communications (NASDAQ:SBAC) but raises the price target from $212 to $240.
September 26, 2024 | 3:40 pm
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Goldman Sachs has maintained a Neutral rating on SBA Communications but increased the price target from $212 to $240, indicating a positive outlook despite the neutral stance.
The increase in price target from $212 to $240 by Goldman Sachs suggests a positive outlook for SBA Communications, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100