Sunoco Logistics (SXL) is upgraded to Buy from Sell at Goldman Sachs, which cites oil...

|About: Sunoco Logistics Partners, ... (SXL)|By:, SA News Editor

Sunoco Logistics (SXL) is upgraded to Buy from Sell at Goldman Sachs, which cites oil infrastructure growth, with strategic assets placed in the Permian and MidContinent plus other proposed growth projects; continued crude oil price volatility and wide basis differentials, which should drive high logistics margins; and a growing NGL footprint in the Marcellus shale. Shares +1.3% premarket.