Barclays analyst Brendan Lynch lowered the firm’s price target on SBA Communications to $336 from $341 and keeps an Overweight rating on the shares. Following an analysis of small cells, the analyst says "long-anticipated demand will not materialize in earnest" until 2026 or later.
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Published first on TheFly
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- Is SBA Communications Stock (NASDAQ:SBAC) Overvalued Despite Impeccable Fundamentals?
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