SUI's price movement today is largely attributed to its recent strategic partnership with Franklin Templeton, which aims to accelerate blockchain development. This collaboration has sparked investor interest, as it signals a focus on expanding SUI’s developer ecosystem. The partnership comes on the heels of SUI's impressive 74% price increase over the past month, making it an attractive partner for blockcha
Sun Communities (SUI) has been downgraded by BofA Global Research to "Underperform" from "Neutral," with a revised price objective of $114, down from $147. The stock was trading at $124.11, down 2.37% on November 12. The downgrade follows disappointing Q3 results and ongoing governance concerns. SUI's CEO, Gary Shiffman, is set to retire in 2025, and a board member will step down by year-end, adding to the
Sun Communities (SUI) has been rated a "Buy" by Citi, despite a disappointing earnings report and a significant guidance cut. The stock is currently trading at $123.90, down 5.97% from the previous close. The report highlights the return of John McLaren as President, a move seen as positive for the company's restructuring efforts. Current CEO Gary Shiffman announced his retirement in 2025, emphasizing that