Mizuho Upgrades Sunoco to Buy, Lowers Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gabriel Moreen has upgraded Sunoco (NYSE:SUN) from Neutral to Buy, while lowering the price target from $60 to $59.
June 04, 2024 | 12:00 pm
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Mizuho analyst Gabriel Moreen has upgraded Sunoco (NYSE:SUN) from Neutral to Buy, while lowering the price target from $60 to $59.
The upgrade from Neutral to Buy is a positive signal for investors, indicating increased confidence in Sunoco's performance. However, the slight reduction in the price target from $60 to $59 suggests some caution regarding future growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100