Wells Fargo Maintains Equal-Weight on SBA Comms, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow has maintained an Equal-Weight rating on SBA Communications (NASDAQ:SBAC) while raising the price target from $220 to $240.
October 10, 2024 | 3:24 pm
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Wells Fargo has maintained its Equal-Weight rating on SBA Communications but increased the price target from $220 to $240, indicating a positive outlook.
The increase in price target from $220 to $240 by Wells Fargo suggests a positive outlook for SBA Communications. Although the rating remains Equal-Weight, the higher price target indicates potential for stock appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100