JP Morgan Maintains Overweight on Sunoco, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet maintains an Overweight rating on Sunoco and raises the price target from $61 to $63.

September 04, 2024 | 10:16 pm
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JP Morgan analyst Jeremy Tonet has maintained an Overweight rating on Sunoco and increased the price target from $61 to $63, indicating a positive outlook on the stock.
The increase in price target from $61 to $63 by JP Morgan suggests a positive outlook on Sunoco's stock performance. The maintained Overweight rating indicates confidence in the company's future prospects, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100