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Stock impact report

JPMorgan Lowers the Firm's PT on SBA Communications (SBAC) Stock [Yahoo! Finance]

EchoStar Corporation - Common stock (SATS) 
Last echostar corporation - common stock earnings: 2/20 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.echostar.com/investors
Company Research Source: Yahoo! Finance
On January 12, JPMorgan analyst Richard Choe reduced the firm's price objective on the company's stock to $240 from $245, while keeping a “Neutral” rating, as reported by The Fly. Notably, the firm lowered new leasing estimates for the tower companies ahead of earnings in order to reflect a more conservative approach as a result of a potential impact from EchoStar. The analyst added that a modest industry outlook is outweighed by the EchoStar/DISH overhang. That being said, the deals can be a positive catalyst for the tower stocks. In a separate update, Wells Fargo reduced the firm's price objective on SBA Communications Corporation (NASDAQ:SBAC)'s stock to $205 from $215, while keeping an “Equal Weight” rating, as reported by The Fly. As per the firm, SBA Communications Corporation (NASDAQ:SBAC) has the cleanest outlook in 2026, considering the shorter duration of its DISH leases, while its growth headwinds are largely reflected in estimates. SBA Communications Corporation (NAS Show less Read more
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