RBC Capital Maintains Outperform on Sun Communities, Lowers Price Target to $153
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Heffern maintains an Outperform rating on Sun Communities (NYSE:SUI) but lowers the price target from $158 to $153.
May 30, 2023 | 11:33 am
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NEUTRAL IMPACT
Sun Communities' price target has been lowered from $158 to $153 by RBC Capital, but the Outperform rating is maintained.
The news of RBC Capital lowering Sun Communities' price target may have a neutral short-term impact on the stock price. While the price target has been reduced, the Outperform rating is still maintained, indicating that the analyst still has a positive outlook on the company. This mixed signal may not lead to a significant change in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100