JMP Securities Maintains Outperform on Sun Communities, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Aaron Hecht maintains an 'Outperform' rating on Sun Communities (NYSE:SUI) but has lowered the price target from $160 to $150.

August 15, 2023 | 11:05 am
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Sun Communities' price target has been lowered from $160 to $150 by JMP Securities, though the 'Outperform' rating is maintained.
The news directly pertains to Sun Communities (SUI) as the company's price target has been revised by JMP Securities. While the 'Outperform' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the 'Outperform' rating suggests that the analyst still expects the stock to do better than the market average.
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