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Rating: SBAC
Buy

Sba Communications Corporation (NASDAQ: SBAC) upgraded to Buy by Citigroup

Monday,  Jan 4, 2016  10:25 AM ET by Kristen Bailey

Citigroup upgraded Sba Communications Corporation (NASDAQ: SBAC) to Buy with today's price of
$104.74. Citigroup rated Sba Communications Corporation (NASDAQ: SBAC) to Neutral on 02/07/2014, when the price was $92.91. Sba Communications Corporation's stock price gained 13% since then.

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)

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.



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