Citigroup initiated coverage on SunocoCorp with a new price target
$SUNC
Citigroup initiated coverage of SunocoCorp with a rating of Buy and set a new price target of $65.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/5/2026 | $70.00 | Outperform → Strong Buy | Raymond James |
| 11/17/2025 | Outperform | Raymond James | |
| 11/11/2025 | $65.00 | Buy | Citigroup |
8-K - SunocoCorp LLC (0002089661) (Filer)
Raymond James upgraded SunocoCorp from Outperform to Strong Buy and set a new price target of $70.00
Raymond James initiated coverage of SunocoCorp with a rating of Outperform
Citigroup initiated coverage of SunocoCorp with a rating of Buy and set a new price target of $65.00
Sunoco LP (NYSE:SUN) ("Sunoco" or the "Partnership") today announced its 2026 guidance. Sunoco's 2026 Guidance Full-year 2026 Adjusted EBITDA(1)(2) to be in the range of $3.1 billion to $3.3 billion, which includes the following assumptions: Total Parkland synergies of approximately $125 million Planned 50-day maintenance turnaround at Burnaby Refinery beginning at the end of January Closing of the TanQuid acquisition in the first quarter of 2026 Growth capital expenditures of at least $600 million Additionally, Sunoco has a multi-year path of bolt-on acquisitions totaling at least $500 million annually Maintenance capital expenditures to be in the range of $400 m
Sunoco LP (NYSE:SUN) ("Sunoco" or the "Partnership") today announced its 2026 guidance. Sunoco's 2026 Guidance Full-year 2026 Adjusted EBITDA(1)(2) to be in the range of $3.1 billion to $3.3 billion, which includes the following assumptions: Total Parkland synergies of approximately $125 million Planned 50-day maintenance turnaround at Burnaby Refinery beginning at the end of January Closing of the TanQuid acquisition in the first quarter of 2026 Growth capital expenditures of at least $600 million Additionally, Sunoco has a multi-year path of bolt-on acquisitions totaling at least $500 million annually Maintenance capital expenditures to be in the range of $400 m