Truist Securities Maintains Hold on Sun Communities, Lowers Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Anthony Hau maintains a Hold rating on Sun Communities (NYSE:SUI) and lowers the price target from $143 to $136.

March 18, 2024 | 12:13 pm
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Truist Securities maintains a Hold rating on Sun Communities and lowers the price target from $143 to $136.
The adjustment in price target by Truist Securities reflects a revised valuation outlook for Sun Communities, though the Hold rating indicates no immediate negative outlook on the stock's performance. The reduction in price target might cause some investors to adjust their expectations for SUI's stock price, but the Hold rating suggests that the analyst sees no significant short-term downside or upside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100