Barclays raised the firm’s price target on SBA Communications (SBAC) to $245 from $244 and keeps an Overweight rating on the shares. The firm updated models in the communications infrastructure real estate investment trust group post the Q1 reports.
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Read More on SBAC:
- SBA Communications price target raised to $230 from $223 at Scotiabank
- 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
