SunocoCorp LLC (SUNC) Gets a Buy from Citi
Citi analyst Spiro M. Dounis maintained a Buy rating on SunocoCorp LLC yesterday and set a price target of $73.00. The company’s shares closed yesterday at $71.07.
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M. Dounis covers the Energy sector, focusing on stocks such as Sunoco, Enterprise Products Partners, and Energy Transfer. According to TipRanks, M. Dounis has an average return of 9.4% and a 66.88% success rate on recommended stocks.
Currently, the analyst consensus on SunocoCorp LLC is a Strong Buy with an average price target of $77.00, implying an 8.34% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $78.00 price target.
Based on SunocoCorp LLC’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $10.69 billion and a net profit of $110 million. In comparison, last year the company earned a revenue of $5.18 billion and had a net profit of $207 million
