Mizuho raised the firm’s price target on Sunoco LP (SUN) to $75 from $66 and keeps an Outperform rating on the shares. The firm sees an “intriguing setup” for Sunoco LP, saying the company’s’ fiscal 2026 guidance “was issued in a very different commodity environment.” The company should benefit from enhanced margin capture driven by lagged pass-through dynamics where wholesale costs adjust faster than retail pricing, the analyst tells investors in a research note.
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