Wells Fargo Maintains Equal-Weight on Sun Communities, Lowers Price Target to $123
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst James Feldman has maintained an Equal-Weight rating on Sun Communities (NYSE:SUI) and reduced the price target from $129 to $123.

November 13, 2023 | 2:56 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Sun Communities but lowered the price target from $129 to $123.
The reduction in price target by Wells Fargo could lead to a negative perception among investors, potentially causing a short-term dip in Sun Communities' stock price. The Equal-Weight rating suggests that the analyst views the stock as fairly valued at its current price, but the lowered target indicates a reduced growth outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100