SBA Communications Corporation (NASDAQ:SBAC) is listed as one of the Best Depressed Stocks to Buy Right Now. JPMorgan analyst Richard Choe lowered the firm’s price objective on SBAC stock to $240 from $245, citing reduced leasing estimates due to potential impact from EchoStar. Wells Fargo also dropped the price objective to $205 from $215 while maintaining an “Equal Weight” rating. SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure, including towers, buildings, DAS, and small cells. Despite being a potential investment, some believe other AI stocks offer greater upside potential and lower downside risk.
Read more at Yahoo Finance: JPMorgan Lowers the Firm’s PT on SBA Communications (SBAC) Stock
