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Susser Petroleum Partners (SUSP) is initiated at Neutral by Robert W. Baird, which views its 13%...
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Tuesday, October 30, 2012, 12:44 PM ETSusser Petroleum Partners (SUSP) is initiated at Neutral by Robert W. Baird, which views its 13% run since the Sept. 19 IPO as having adequately valued SUSP's strong growth prospects. With only indirect commodity price exposure, built-in growth as parent Susser (SUSS) expands its footprint and strong downside protection, the firm would use any weakness in shares to build a position.
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