JP Morgan Assumes Sunoco at Overweight, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet has assumed coverage of Sunoco (NYSE:SUN) with an Overweight rating and raised the price target to $61.
June 05, 2024 | 1:04 pm
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JP Morgan analyst Jeremy Tonet has assumed coverage of Sunoco with an Overweight rating and raised the price target to $61.
The Overweight rating and increased price target from a reputable analyst at JP Morgan is likely to boost investor confidence in Sunoco, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100