Mizuho raised the firm’s price target on NuStar Energy (NS) to $24 from $17 and keeps a Neutral rating on the shares after the company agreed to be acquired by Sunoco LP (SUN). The analyst does not believe any anti-competitive issues will prevent deal close, but expects a robust FTC process nonetheless.
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Read More on NS:
- Sunoco LP price target raised to $60 from $54 at Wells Fargo
- NuStar Energy downgraded to Hold from Buy at Stifel
- NuStar Energy upgraded to Equal Weight from Underweight at Wells Fargo
- NuStar Energy rises 15.1%
- NuStar Energy rises 12.8%
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