Truist lowered the firm’s price target on Sun Communities (SUI) to $131 from $138 and keeps a Hold rating on the shares as part of a broader research note on REITs. The firm is updating its model based on Q3 results as well as adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
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Read More on SUI:
- Sun Communities price target lowered to $135 from $154 at Wells Fargo
- Sun Communities downgraded to Neutral from Buy at UBS
- BofA cuts Sun Communities estimates, downgrades to Underperform
- Sun Communities downgraded to Underperform from Neutral at BofA
- Sun Communities Restructures and Leadership Changes Announced