Stifel analyst Selman Akyol lowered the firm’s price target on Sunoco LP (SUN) to $61 from $62 and keeps a Buy rating on the shares. Sunoco posted Q3 results in line with its estimates and continued to show good volume growth, the analyst tells investors in a research note. The firm added that it updated its model to include the Parkland acquisition.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SUN:
