Sunoco LP (SUN) Upgraded to Buy: What Does It Mean for the Stock?
Sunoco LP(SUN) ZACKS·2024-11-06 02:00
Sunoco LP (SUN) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings ...