Franklin Resources Inc. has purchased 19,462 shares of
SBA Communications Co. Even though the stock underperformed on a few days compared to its competitors, it was also reported to outshine them despite market losses. Major acquisitions of SBA Communications' shares have been made by the
Private Advisor Group LLC and
Clearbridge Investments LLC.
Cornerstone Advisors LLC and
Teacher Retirement System of Texas reduced their stock positions while
Brown Advisory Inc. strengthened its stake. The company's dividends have been analyzed, indicating possible growth. SBA Communications displayed superior performance by surpassing Q3 and Q4 FFO and revenue estimates as well as Q1 2024 earnings estimates. Despite facing a decline in short interest, its shares were bought up by
Mitsubishi UFJ Asset Management Co. Ltd. With stock price target adjustments and a revised revenue forecast amidst economic challenges, SBA Communications remains an interesting investment, catching analysts' attention. Finally, a new CEO, Brendan Cavanagh, has been appointed.
Sba Communications Corp SBAC News Analytics from Fri, 20 Nov 2020 08:00:00 GMT to Thu, 23 May 2024 18:05:54 GMT -
Rating 6
- Innovation 2
- Rumor -2
