Morgan Stanley raised the firm’s price target on SBA Communications (SBAC) to $260 from $255 and keeps an Equal Weight rating on the shares. The firm’s latest survey work continues to indicate healthy trends in both recent and forward looking tenant activity and supports the firm’s view that U.S. leasing revenue growth will accelerate through the second half of 2025 into 2026 for the U.S. Tower REITs, the analyst tells investors.
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