UPDATE: Bank of America Raises PO to $40 on Sun Communities on FFO Guidance
Posted on February 13, 2013 at 14:00 PM EST
Bank of America maintained Sun Communities (NYSE: SUI ) with an Underperform rating and raised the price objective from $39.00 to $40.00. Bank of America said, "Including the recent acquisitions, SUI introduced 2013 FFO guidance of $3.45-$3.55 compared to consensus estimates of $3.41. Our $3.31 estimate did not include the