SUN.N Hits 20-Day High Amid Rate Cut Speculation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 18 Nov 25
Source: Coinmarketcap
Shares of SUN.N surged today, reaching a 20-day high as investor sentiment improved amidst discussions of potential interest rate cuts by the Federal Reserve. The stock's upward momentum reflects a broader market trend favoring dividend-paying stocks, which have historically outperformed non-payers. Recent news surrounding alarming job cuts linked to AI and corporate cost-cutting measures has intensified speculation about a possible half-percentage-point rate cut in December, further bolstering investor confidence. As SUN.N capitalizes on this favorable environment, it remains a compelling option for those seeking stable returns.
Analyst Views on SUN
Wall Street analysts forecast SUN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SUN is 63.67 USD with a low forecast of 57.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 58.440
Low
57.00
Averages
63.67
High
70.00
Current: 58.440
Low
57.00
Averages
63.67
High
70.00
About SUN
Sunoco LP is an energy infrastructure and fuel distribution master limited partnership operating in over 32 countries and territories in North America, the Greater Caribbean, and Europe. The Company's midstream operations include a network of approximately 14,000 miles of pipeline and over 160 terminals. Its segments include Fuel Distribution, Pipeline Systems and Terminals. The Fuel Distribution segment supplies motor fuel to independently operated dealer stations, distributors, commission agents and other consumers. The Pipeline Systems segment includes the operations of its refined products, crude oil and anhydrous ammonia pipelines, as well as other assets that are operated and managed on an integrated basis with its pipeline systems, including certain terminal and storage assets. Its Terminals segment is composed of facilities that provide storage, handling and other services on a fee basis for refined products, crude oil, specialty chemicals, renewable fuels and other liquids.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
