Barclays Maintains Overweight on Sun Communities, Lowers Price Target to $157
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Anthony Powell maintains an Overweight rating on Sun Communities (NYSE:SUI) but lowers the price target from $158 to $157.
September 19, 2023 | 10:35 am
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NEUTRAL IMPACT
Barclays maintains an Overweight rating on Sun Communities but lowers the price target from $158 to $157.
The news is directly about Sun Communities. The Overweight rating indicates that Barclays expects the stock to outperform, which is positive. However, the lowering of the price target might have a slight negative impact as it suggests a lower future value than previously expected.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100