Jefferies lowered the firm’s price target on Sun Communities (SUI) to $142 from $145 and keeps a Buy rating on the shares. The firm is “constructive” on manufactured housing into 2025, citing the tailwinds of an aging population and affordability challenges in the housing market. The analyst expects growth above other residential sectors at a “reasonable valuation.”
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Read More on SUI:
- Investors who lost money on Sun Communities, Inc.(SUI) should contact Levi & Korsinsky LLP about pending Class Action – SUI
- Sun Communities price target lowered to $131 from $138 at Truist
- 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
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