Seeking Alpha

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

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. 
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