SBA Communications Corporation Reports Third Quarter 2024 Results; Updates Full Year 2024 Outlook; and Declares Quarterly Cash Dividend

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Go back to SBA Communications Corporation Reports Third Quarter 2024 Results; Updates Full Year 2024 Outlook; and Declares Quarterly Cash Dividend

SBA Communications (SBAC) PT Lowered to $225 at Jefferies

October 29, 2024 6:09 AM EDT

Jefferies analyst Jonathan Petersen lowered the price target on SBA Communications (NASDAQ: SBAC) to $225.00 (from $226.00) while maintaining a Hold rating.

The analyst comments "SBAC's 3Q24 AFFO was modestly ahead of expectations and management also increased the '24 guidance range. The big... More