Credit Suisse resumes Sunoco Logistics Partners (SXL +1.3%) at Outperform (previously Neutral)...

|About: Sunoco Logistics Partners, ... (SXL)|By:, SA News Editor
Credit Suisse resumes Sunoco Logistics Partners (SXL +1.3%) at Outperform (previously Neutral) and reiterates $71 price target. The company is "well positioned to take advantage of emerging bottlenecks in energy infrastructure," CS notes. The bank also sees a 5% increase to distributions quarterly in 2013 and a 15% increase in the coming years. "Growth prospects are the best since we started following the name," analyst John Edwards says.