SBA Communications (SBAC) Rallies With Tower Peers, Is It Still 18% Undervalued?

SBA Communications (SBAC) jumped 8.1% on Friday to $192.92 as part of a broad rally in cell tower operators, pointing to sector-wide buying interest rather than company specific headlines. For context, SBA Communications now trades at $184.75 after a 1-day share price return of 3.57%, capping a 30-day share price gain of 11.19%, even though the year-to-date share price return is down 4.02% and the 5-year total shareholder return has declined 41.82%. Track this move in SBA Communications and...