Benchmark Capital Raises Targets On Tower Stocks (SBAC, CCI, AMT)

Benchmark Capital is raising price targets on the cell phone tower stocks, saying these companies have sustained growth. As such, it is raising its price target on SBA Communications Corporation (NASDAQ: SBAC), Crown Castle International Corp. (NYSE: CCI), and American Tower Corp (NASDAQ: AMT).

Benchmark Capital is raising its target on SBAC to $45 from $40, CCI goes to $52 from $45, and AMT goes to $55 from $50.