Compass Point Maintains Neutral on Sun Communities, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Merrill Ross maintains a Neutral rating on Sun Communities (NYSE:SUI) and raises the price target from $116 to $125.
March 21, 2024 | 6:22 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Compass Point maintains a Neutral rating on Sun Communities but raises the price target from $116 to $125.
The increase in the price target from $116 to $125 by Compass Point indicates a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating suggests that the analyst sees the stock as fairly valued at its current price, balancing the potential for both upside and downside.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90