UPDATE: BMO Capital Markets Upgrades Sun Communities to Outperform on Accretive Acquisitions, Fundamentals
Posted on February 14, 2013 at 09:37 AM EST
BMO Capital Markets upgraded Sun Communities (NYSE: SUI ) from Market Perform to Outperform and raises the price target from $45.00 to $52.00. BMO Capital Markets noted, "SUI acquired 10 RV parks with 3,700 sites mostly in the Northern US – a geography that will help balance seasonality of the