In a report published by Deutsche Bank, SBA Communications SBAC is expected to report solid 1Q results, that are at or
above the mid-points of guidance and to reiterate its full year outlook (or
potentially increase it to account for any additions to its tower portfolio).
Deutsche Bank said that, “Further,
we expect FCF/share growth to continue to be a highlight this quarter, as the
company has the potential to generate industry leading growth rates relative to
other publicly traded tower operators. We reiterate BUY heading into 1Q results.
”
SBA Communications closed yesterday at $40.14.
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Posted In: Analyst ColorAnalyst RatingsDeutsche BankSBA CommunicationsTelecommunication ServicesWireless Telecommunication Services
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