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Sun Communities downgraded to Neutral from Buy at UBS
The Fly

Sun Communities downgraded to Neutral from Buy at UBS

UBS downgraded Sun Communities (SUI) to Neutral from Buy with a price target of $134, down from $155. The firm said the execution challenges are weighing on the company’s earnings algorithm and will require time to correct. UBS added that it believes Sun Communities has a quality portfolio and its core segments generate stable growing cash flows.

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