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Fly News Breaks for January 25, 2018
SUN
Jan 25, 2018 | 17:23 EDT
MUFG analyst Barrett Blaschke raised the price target of Sunoco to $32 from $31 following the recent announcement of the closing of the sale of the bulk of its retail system to 7-Eleven. While Blaschke sees the 7-Eleven deal closing and debt refinancing as positives, he still see little in the way of a growth outlook just yet, and Blaschke maintains an Underweight rating on Sunoco shares.
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