Scotiabank analyst Maher Yaghi raised the firm’s price target on SBA Communications (SBAC) to $230 from $223 and keeps a Sector Perform rating on the shares. The company’s Q1 top- and bottom-line results were in line with consensus expectations, the analyst tells investors. The firm raised its price target to reflect the company’s higher guidance revisions for 2026.
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Read More on SBAC:
- SBA Communications Lifts Outlook Amid Strong Tower Margins
- SBA Communications price target raised to $250 from $235 at KeyBanc
- Analyst Reiterates Hold Rating and Keeps $220 Price Target Unchanged Amid Limited Near-Term Upside and Deal Uncertainty
- SBA Communications reports Q1 FFO $3.03, consensus $2.86
- SBA Communications sees FY26 FFO $11.96-$12.38, consensus $12.13
