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Sunoco Logistics (SXL +4.2%) is initiated at Outperform with a $53 target by Robert W. Baird,...

Sunoco Logistics (SXL +4.2%) is initiated at Outperform with a $53 target by Robert W. Baird, which says SXL could be used as an acquiring entity once it joins the Energy Transfer family. The firm expects the acquirer to boost distributions to increase partnership cash flow and drive unitholder value. Also started at Outperform: ETE, PAA. Started at Neutral: ETP, PNG, OKS.
Comments (1)
  • Chazuu
    , contributor
    Comments (139) | Send Message
     
    I have been an investor in SXL since its initial public offering. For almost all of that time it has been underrated by most analysts.
    Since it is now beginning to get some respect I am a little worried considering how wrong the experts have been previously.
    29 Aug 2012, 03:46 PM Reply Like
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