RBC Capital Maintains Outperform Rating for Sunoco: Here's What You Need To Know

RBC Capital has decided to maintain its Outperform rating of Sunoco SUN and raise its price target from $48.00 to $50.00.

Shares of Sunoco are trading down 1.14% over the last 24 hours, at $44.34 per share.

A move to $50.00 would account for a 12.76% increase from the current share price.

About Sunoco

Sunoco LP engages in the business of manufacturing and marketing racing fuels which is the official fuel of NASCAR. is a growth-oriented master limited partnership (MLP) that operates as a wholesale and retail fuel distributor in the United States. The firm operates through the Fuel Distribution and Marketing segment. It distributes motor fuel to convenience stores, dealers, commercial customers in various states. The operating convenience stores are under APlus, Stripes, Aloha Island Mart, and Tigermarket brands.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.