Raymond James Reaffirms Sunoco as Top Midstream Idea, Cites Parkland Integration
Raymond James has reiterated its view that Sunoco and SunocoCorp rank among the most attractive opportunities in its midstream coverage, pointing to near-term earnings strength from the Parkland acquisition and a $70 price target tied to recent upgrades. The firm forecasts adjusted EBITDA of about $680 million for fourth quarter 2025, aligns with c…