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Stock impact report

Citi Initiates Coverage on Sunoco (SUN) with a Buy Rating [Yahoo! Finance]

Sunoco LP Common Units representing limited partner interests (SUN) 
Last sunoco lp common units representing limited partner interests earnings: 2/19 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Citi Initiates Coverage on Sunoco (SUN) with a Buy Rating On November 10?, Citi be?gan c?overage of Sunoco LP (NYSE:SUN) with a Buy r?a?ting a?nd a? $65? price t?arget, according to a report by The Fly. The firm noted t?hat e?v?en t?hough gasoline d?emand has been on the d?ecline sin?ce 2018, the company has managed to more than triple its EBITDA d?uring? that period. ?In its third-quarter 2025 earn?ings re?port,? Sunoco LP (NYSE:SUN) annou?nced the completion of its $9 bill?i?on acquisition of Parkla?nd C?or?poratio?n. T?he me?r?ger created the? l?a?rgest inde?pend?ent fuel? distribu?tor in the Amer?i?cas a?n?d a? major operator of e?ner?g?y infrastr?ucture. The c?ombined company gene?rated more than $3 billion in pro forma adjusted EBITDA over the past year, with the acquisit?ion e?xp?ected to deli?ver over $250 mill?ion in synergies?e?s? by 2028? and res?ult in more than 10% accretion?. During the quar?ter, Sunoco LP (NYSE:SUN) repor?ted rev?enue of $6.03 billion, reflecti?n Show less Read more
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