Global Partners price target lowered to $53 from $56 at Stifel

Stifel lowered the firm’s price target on Global Partners (GLP) to $53 from $56 and keeps a Hold rating on the shares. While management believes it should be relatively insulated from tariff impacts, Global noted there could be some minor impacts from potential consumer behavior at its retail sites, says the analyst after the company posted Q1 results above our expectations, driven by its wholesale segment.