RBCCapital Markets LLC analyst Neil Malkin initiated coverage ofSun Communities Inc. witha rating of "outperform," and a price target of $92.
The analyst wrote in a research report: "We believe SUIshares will outperform the peer group and the multifamily sector due to the company'sbetter relative growth profile. We expect SUI to generate higher relative SSrevenue growth due to a favorable supply and demand imbalance for the MH/RV communitiescombined with visibility for strong external growth for several years."