Price Target on Shares of Sun Communities Raised

American Banking & Market News reports that Sun Communities, Inc. (NYSE: SUI), which owns and operates 124 manufactured housing communities in the United States, reported earnings per share (EPS) of .78 cents for the previous quarter.  This is .08 cents per share better than the same quarter in the previous year.  Quarterly revenue increased 1.1 percent on a year-over-year basis.  As a result, analysts at The Benchmark Company raised their price target on shares of Sun from $36.00 to $39.00, and issued a “buy” on the stock.

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