Benchmark Reiterates Buy Rating On SBAC

Benchmark said that it believes tower stocks, including SBA Communications Corporation SBAC, “provide investors strong cash flow growth with limited operating risk for the foreseeable future.” “The near term risk/reward trade-off appears favorable given several potential events, primarily T-Mobile's 4G network decision,” Benchmark writes. “We reiterate our Buy rating on SBA.” SBA Communications Corporation currently trades at $39.57.