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Fly News Breaks for July 19, 2019
SUN
Jul 19, 2019 | 05:38 EDT
Stifel analyst Selman Akyol started Sunoco with a Hold rating and $35 price target. The analyst views Sunoco's 10% yield favorably since the 7-Eleven contract "provides a more ratable margin stream." However, he believes upside is limited given the partnership's recent performance.
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