Sunoco Looks Attractive: Analyst Cites Pullback, Upcoming Guidance As Catalysts
Sunoco Looks Attractive: Analyst Cites Pullback, Upcoming Guidance As Catalysts
Stifel analyst Selman Akyol upgraded Sunoco LP (NYSE:SUN) to Buy from Hold and maintained a price target of $62.00.
Stifel的分析师Selman Akyol将Sunoco LP（纽交所的SUN股票）的评级从持有升级至买入，并维持其价格目标为62.00美元。
The analyst writes that Sunoco's unit price has dropped by 13% since mid-February, presenting an attractive re-entry point.
该分析师写道，自2月中旬以来，Sunoco的单位价格下跌了13％，提供了一个有吸引力的再入点。
Akyol notes that management's upcoming guidance, expected around second-quarter FY24 earnings, could catalyze the unit price.
Akyol指出，管理层即将公布的指导方针（预计在第二季度FY24收益率周围）可能会催化单位价格。
This guidance will likely offer a comprehensive update on the 2024 outlook for its legacy business, NuStar assets, and potential synergies, stated analyst.
该指导方针可能会在分析师的话中提供有关遗留业务、NuStar资产和潜在协同效应的2024展望的全面更新。
While the analyst do not foresee changes to the IDR structure, they expect Sunoco to derive additional value from the NuStar assets, potentially with Energy Transfer as a partner.
尽管分析师不预见IDR结构方面的变化，但他们预计SUN将从NuStar资产中获得额外价值，潜在的伙伴为Energy Transfer。
Year to date, SUN units have declined by 9%, while the AMZ index has seen a 10% increase, writes the analyst.
该分析师表示，截至目前，SUN单位已下跌9％，而AMZ指数已上涨10％。
Akyol estimates EBITDA of $1.48 billion in FY24 and $1.79 billion in FY25.
Akyol预计FY24的EBITDA为14.8亿美元，FY25为17.9亿美元。
Investors can gain exposure to the stock via InfraCap MLP ETF (NYSE:AMZA) and Global X MLP ETF (NYSE:MLPA).
投资者可以通过InfraCap MLP ETF（纽交所的AMZA股票）和Global X MLP ETF（纽交所的MLPA股票）获得该股票的曝光度。
Also Read: Sunoco, NuStar Acquisition Concerns 'Do Not Justify Stock's Underperformance': Analyst
阅读更多：分析师表示，Sunoco，NuStar的收购担忧“不足以解释股票的表现不佳”。
Price Action: SUN shares are down 0.90% at $54.01 at the last check Friday.
股价走势：截至上周五最后一次检查时，SUN股价下跌0.90％至54.01美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明：本文部分内容使用了Benzinga Neuro的帮助。此内容部分使用人工智能工具生成，并由Benzinga编辑审查和发布。
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图片来自shutterstock。