As previously reported, Truist analyst Anthony Hau upgraded Sun Communities (SUI) to Buy from Hold with a price target of $136, up from $131. The firm believes the 2025 outlook is “strong,” driven by robust growth across segments, potential stabilization in transient RVs, potential flat home sales in the United Kingdom and additional cost-cutting initiatives, the analyst tells investors. In addition, current sentiment on the stock remains “subdued” and valuation appears attractive relative to apartment REITs, the analyst argues.
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Read More on SUI:
- Sun Communities upgraded to Buy from Hold at Truist
- Sun Communities price target lowered to $130 from $132 at Evercore ISI
- Sun Communities price target lowered to $134 from $135 at RBC Capital
- Sun Communities price target lowered to $142 from $145 at Jefferies
- Investors who lost money on Sun Communities, Inc.(SUI) should contact Levi & Korsinsky LLP about pending Class Action – SUI