Keefe, Bruyette & Woods Downgrades Sun Communities (SUI) to Underperform

Keefe, Bruyette & Woods downgraded Sun Communities (NYSE: SUI) from Market Perform to Underperform.

KBW analyst said, "Based on slightly revised FFO/sh and NAV/sh estimates and our assessment of relative valuations and n/t growth in the sector, we are downgrading Home Properties (NYSE: HME) and SUI."

For an analyst ratings summary and ratings history on Sun Communities click here. For more ratings news on Sun Communities click here.

Shares of Sun Communities closed at $35.41 yesterday.

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