Expert Ratings For Sunoco
Portfolio Pulse from Benzinga Insights
Analyst ratings for Sunoco (NYSE:SUN) have varied over the last quarter, with a recent shift towards more neutral positions. The average 12-month price target has been raised to $61.83, indicating a 10.41% increase from the previous target. Despite this optimistic outlook, Sunoco faces challenges such as a decline in revenue, below-average net margin, and a high debt-to-equity ratio, which may impact its financial performance.
February 20, 2024 | 2:01 pm
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Sunoco's analyst ratings have shown a shift towards neutrality, with an increased average price target of $61.83. However, financial challenges such as revenue decline and high debt may weigh on its performance.
The mixed analyst ratings indicate uncertainty, with the increased price target suggesting some optimism. However, the company's financial challenges, including a significant revenue decline and a high debt-to-equity ratio, could dampen the positive outlook. These factors combined suggest a neutral short-term impact on Sunoco's stock price, as the positive sentiment from analyst upgrades may be offset by underlying financial issues.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100