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Fly News Breaks for July 15, 2019
SBAC
Jul 15, 2019 | 07:08 EDT
KeyBanc analyst Brandon Nispel raised his price target for SBA Communications to $252 from $215 saying he has not seen peak tower valuations. As the wireless industry's structure becomes more clear, the analyst believes ample growth opportunities exist and he does not see risk to Q2 or 2019 estimates. Nispel reiterates an Overweight rating on the shares.
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