Raymond James Maintains Strong Buy on SBA Comms, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Ric Prentiss has maintained a Strong Buy rating on SBA Communications (NASDAQ:SBAC) and increased the price target from $285 to $300.
October 29, 2024 | 1:35 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Raymond James has reiterated a Strong Buy rating for SBA Communications and increased the price target to $300, indicating confidence in the company's future performance.
The increase in price target from $285 to $300 by Raymond James suggests a positive outlook for SBA Communications, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100