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SBA Communications price target lowered to $265 from $268 at Raymond James

Raymond James analyst Ric Prentiss lowered the firm’s price target on SBA Communications (SBAC) to $265 from $268 and keeps a Strong Buy rating on the shares. The firm continues to see an attractive risk/reward in all three tower stocks, with non-cyclical, cash-yielding businesses that should be fundamentally resilient to any tariffs or macro pressure and feature long-term secular growth, the analyst tells investors in a research note.

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