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SBA Communications price target raised to $261 from $251 at TD Cowen
The Fly

SBA Communications price target raised to $261 from $251 at TD Cowen

TD Cowen analyst Gregory Williams raised the firm’s price target on SBA Communications (SBAC) to $261 from $251 and keeps a Buy rating on the shares. The firm said they reported mixed 3Q24 results, raised its 2024 guidance, and raised 2024 international net organic revenue growth guidance while also acquiring towers from Millicom (TIGO) for $975M.

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