Truist analyst Anthony Hau raised the firm’s price target on Sun Communities to $163 from $147 and keeps a Buy rating on the shares as part of a broader research note on REITs. The analyst is adjusting his model to reflect reduced cost of capital, with the yield on 10-year treasury down 50 basis points vs. a month ago.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on SUI:
- Sun Communities, Inc. Announces Dates for Fourth Quarter 2022 Earnings Release and Conference Call
- Sun Communities, Inc. Declares Fourth Quarter 2022 Distribution
- Sun Communities price target raised to $163 from $147 at Truist
- Sun Communities, Inc. Provides Preliminary Assessment of Hurricane Ian Impact
