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Sunbelt Securities cut its SBA Communications holdings by over 20%, but analysts still recommend a "moderate buy."
Sunbelt Securities reduced its holdings in SBA Communications by 20.5%, now owning 318 shares worth $70,000.
SBA Communications, which owns over 39,000 wireless communications sites globally, has a market cap of $25.23 billion.
Despite Sunbelt's reduction, SBA still has a "moderate buy" rating from analysts, with a target price of $253.43.
The stock has a PE ratio of 32.21 and a beta of 0.78.
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Sunbelt Securities redujo sus participaciones en SBA Communications en más del 20%, pero los analistas todavía recomiendan una "compra moderada".