Sun Communities, Inc. Reports 2024 First Quarter Results
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Go back to Sun Communities, Inc. Reports 2024 First Quarter Results
May 1, 2024 6:34 AM EDT
RBC Capital analyst Brad Heffern lowered the price target on Sun Communities (NYSE: SUI) to $130.00 (from $142.00) while maintaining a Outperform rating.
The analyst comments "The scale of SUI's underperformance in the face of a beat & maintain quarter seems overdone, but we also... More
April 30, 2024 4:24 PM EDT
Evercore ISI analyst Steve Sakwa lowered the price target on Sun Communities (NYSE: SUI) to $128.00 (from $145.00) while maintaining a Outperform rating.
The analyst comments "Yesterday AMC, SUI reported Q1 core FFO of $1.19 which came in ahead of our est of $1.16 and consensus of $1.17 (see initial take here). The 3c beat vs our estimate was largely due to higher NOI from core operations and lower interest expense and we should also highlight that UK real property NOI... More
