Wells Fargo lowered the firm’s price target on SBA Communications (SBAC) to $215 from $235 and keeps an Equal Weight rating on the shares ahead of quarterly results. The firm says Towers feel fairly de-risked into Q3, even without a compelling near-term catalyst.
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Read More on SBAC:
- SBA Communications price target lowered to $220 from $260 at Morgan Stanley
- SBA Communications price target lowered to $235 from $265 at Citi
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- SBA Communications price target lowered to $235 from $280 at KeyBanc
- SBA Communications price target lowered to $226 from $257 at Barclays
