- Susser Petroleum Partners' (SUSP +3.3%) price target is raised to $57 from $48 at RBC Capital, which believes SUSP is poised for double-digit distribution growth over the next several years as Energy Transfer Partners' acquisition of SUSP's parent increases the inventory of dropdowns available to SUSP.
- Greater scale and geographic diversity could better position SUSP to complete accretive third-party acquisitions, the firm says.
- RBC rates the shares at Outperform.
Susser Partners' target raised at RBC, which sees strong distribution growth
From other sites
at Nasdaq.com (Apr 7, 2015)
at Zacks.com (Mar 24, 2015)
The Wall Street Journal: Sunoco reaches $816 million deal for Energy Transfer Partners retail assetsat MarketWatch.com (Mar 23, 2015)
at 4-traders.com (Mar 23, 2015)
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