Mizuho Maintains Neutral on Sunoco, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gabriel Moreen has maintained a Neutral rating on Sunoco (NYSE:SUN) and increased the price target from $55 to $60.

January 17, 2024 | 5:39 pm
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Mizuho analyst Gabriel Moreen maintains a Neutral rating on Sunoco but raises the price target from $55 to $60.
The increase in price target by Mizuho suggests a positive outlook on Sunoco's valuation, which could lead to a short-term increase in the stock price. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the revised target, tempering the potential impact.
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