BMO Capital Maintains Outperform on Sun Communities, Lowers Price Target to $143
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John Kim maintains an Outperform rating on Sun Communities (NYSE:SUI) but has lowered the price target from $148 to $143.

September 11, 2023 | 2:22 pm
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NEUTRAL IMPACT
Sun Communities' price target has been lowered from $148 to $143 by BMO Capital, though the Outperform rating is maintained.
The lowering of the price target by BMO Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Outperform rating indicates that the analyst still sees potential upside for the stock, which could counterbalance the negative impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100