♔ The Globe and Mail Trade Off
Sunoco (SUN) Receives a Rating Update from a Top Analyst
In a report released today, Theresa Chen from Barclays maintained a Buy rating on Sunoco, with a price target of $57.00.
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Chen covers the Energy sector, focusing on stocks such as Phillips 66, Oneok, and Valero Energy. According to TipRanks, Chen has an average return of 15.8% and a 73.53% success rate on recommended stocks.
In a report released on December 7, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $61.00 price target.
Based on Sunoco’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.03 billion and a net profit of $88 million. In comparison, last year the company earned a revenue of $5.75 billion and had a GAAP net loss of $35 million
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