Barclays Maintains Overweight on Sunoco, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen maintains an Overweight rating on Sunoco (NYSE:SUN) and raises the price target from $50 to $53.
October 18, 2023 | 1:08 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Sunoco and raises the price target from $50 to $53, indicating positive sentiment towards the stock.
The raised price target by Barclays indicates a positive outlook for Sunoco. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100