SBA Communications Reaches Analyst Target Price
November 07, 2017 at 09:31 AM EST
In recent trading, shares of SBA Communications Corp (SBAC) have crossed above the average analyst 12-month target price of $164.09, changing hands for $164.42/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..