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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SBAC:
- SBA Communications price target raised to $280 from $270 at Citizens JMP
- SBA Communications: Hold Rating Amid Mixed Growth Signals and Valuation Challenges
- SBA Communications Reports Strong Q2 2025 Results
- SBA Communications: Strong Performance and Growth Potential Justify Buy Rating
- SBA Communications reports Q2 FFO $3.17, consensus $3.12