Evercore ISI Group Downgrades Sun Communities to In-Line, Raises Price Target to $149
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has downgraded Sun Communities from Outperform to In-Line, while raising the price target from $144 to $149.
September 16, 2024 | 10:59 am
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NEUTRAL IMPACT
Evercore ISI Group downgraded Sun Communities from Outperform to In-Line, indicating a neutral stance. However, the price target was raised to $149, suggesting some positive outlook.
The downgrade from Outperform to In-Line suggests a less bullish view, which could neutralize short-term stock momentum. However, the raised price target to $149 indicates some underlying positive factors. Overall, the impact is mixed, leading to a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100