Barclays lowered the firm’s price target on SBA Communications (SBAC) to $212 from $219 and keeps an Overweight rating on the shares. The firm says collecting rent from EchoStar may prove challenging for the tower companies. The potential for EchoStar reserves and churn could weigh on 2026 growth, the analyst tells investors in a research note. Barclays believes potential negative catalysts for the group will outweigh the positives in 2026.
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