SBA Communications Corporation (NASDAQ:SBAC) has seen a range of activity in recent investment decisions. While companies like TD Asset Management Inc. and Vestcor Inc. have sold their holdings, others like American Assets Investment Management LLC and Banque Cantonale Vaudoise have invested in the company.
Analysts convey mixed sentiments, pointing to technical weakness and a cautious path ahead, while UBS maintains a 'buy' rating and has raised the company's price target. SBAC has also reported on Q1 and Q2
earnings, projecting network expansion as a form of upside potential. Los Angeles Capital Management LLC and Victory Capital Management Inc. hold significant positions, while Barclays and Morgan Stanley have forecasted a rise in SBAC's stock price. Q1 results demonstrated profit rise, positive trading and a beat on AFFO & Revenues. SBAC's stock, despite brief downturns and technological risks, has still outperformed the real estate sector. It benefits from an Infrastructure deal with Millicom, and is expected to continue its growth trend.
Sba Communications Corp SBAC News Analytics from Sat, 02 Nov 2024 07:00:00 GMT to Sat, 02 Aug 2025 09:36:32 GMT -
Rating 6
- Innovation 3
- Information 5
- Rumor -2
