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Enter Symbol:
 
Sba Communications Corporation (SBAC) [hlAlert]

Rating:
Neutral SBAC
down 23.73 %

Sba Communications Corporation (SBAC) downgraded to Neutral by Piper Jaffray

Posted on: Friday,  Apr 24, 2009  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Neutral Sba Communications Corporation (NASDAQ: SBAC) on 04/24/2009. Previously Piper Jaffray rated Buy Sba Communications Corporation (NASDAQ: SBAC) on
09/09/2008., when the stock price was $32.82. Since then, Sba Communications Corporation has lost 23.74% as of 04/24/2009's recent price of $25.03.
If you would have followed the previous Piper Jaffray's recommendation on SBAC, you would have lost 23.73% of your investment in 227 days.

SBA Communications Corp. is a leading independent owner and operator of wireless communications infrastructure in the United States. The company generates revenue from two primary businesses -- site leasing and site development services. The primary focus of the company is the leasing of antenna space on its multi- tenant towers to a variety of wireless service providers under long-term lease contracts. (PRESS RELEASE)

At Piper Jaffray, we understand there’s no substitute for relevant and timely research. That's why we provide: * fundamental and technical research * value-added investment ideas * market analysis With the information our research team provides, you’ll make better and more informed decisions for your portfolio.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/24/2009 8:25 AM Hold
None
25.03
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  53.37 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/9/2008 8:25 AM Buy
None
32.82

(*) Stock Price at the time of the recommendation.
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