Sunoco LP price target raised to $70 from $67 at Raymond James

Raymond James raised the firm’s price target on Sunoco LP (SUN) to $70 from $67 and keeps an Outperform rating on the shares. Raymond James remains constructive on Sunoco given strong execution, confidence in the continuation of increased profitability, and upside potential from medium-term optimization and integration/M&A opportunities, the analyst tells investors in a research note. While the macro backdrop is volatile, the firm sees a stable volume trend into 2026 and beyond supported by solid fuel margins and a more diversified business.