Raymond James downgraded NuStar Energy to Market Perform from Outperform without a price target citing the pending takeover by Sunoco (SUN). The firm sees a fair transaction price and straightforward path to completion in mid-2024.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on NS:
- NuStar Energy sees 2024 adjusted EBITDA $720M-$780M
- NuStar Energy reports Q4 adjusted EPS 34c, consensus 27c
- NS Upcoming Earnings Report: What to Expect?
- NuStar Energy price target raised to $24 from $17 at Mizuho
- Sunoco LP price target raised to $60 from $54 at Wells Fargo
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue