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Sunoco LP price target lowered to $61 from $62 at Stifel

Stifel analyst Selman Akyol lowered the firm’s price target on Sunoco LP (SUN) to $61 from $62 and keeps a Buy rating on the shares. Sunoco posted Q3 results in line with its estimates and continued to show good volume growth, the analyst tells investors in a research note. The firm added that it updated its model to include the Parkland acquisition.

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