SBA Communications Corporation Reports 1st Quarter 2017 Results; Updates Full Year 2017 Outlook
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SBA Communications (SBAC) PT Raised to $150 at Jefferies Following 1Q
May 2, 2017 9:05 AM EDTJefferies raised its price target on SBA Communications (NASDAQ: SBAC) to $150.00 (from $133.00) while maintaining a Buy rating. 1Q Site leasing revenues of $397.6mn was 0.3% ahead of the Street's estimates. Site development revenue of $25.8mn beat the Street's $23.4mn estimates. AFFO per share of $1.69 beat... More
