Barclays Maintains Overweight on Sun Communities, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Anthony Powell has maintained an Overweight rating on Sun Communities (NYSE:SUI) but has reduced the price target from $157 to $155.
January 26, 2024 | 7:09 pm
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Barclays has maintained an Overweight rating on Sun Communities but lowered the price target from $157 to $155.
The reduction in price target by Barclays could have a mixed impact on Sun Communities' stock price. While the Overweight rating suggests a positive outlook, the lowered price target may indicate a tempered expectation for the stock's growth potential. However, since the decrease is marginal, the overall impact is likely to be neutral in the short term.
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IMPORTANCE 75
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