CORRECTION: SBA Communications Reported Q2 Financial Results On Aug. 3. JP Morgan And Morgan Stanley Lowered Their Respective Price Targets On Aug. 4.
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Why It Matters
SBA Communications shared its summer results, and the next day two big investment banks lowered how high they think the stock price could go. This tells us the banks thought the earnings news wasn't as strong as they had hoped.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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