Benchmark Starts Susser Petroleum Partners LP (SUSP) at Buy

July 31, 2013 8:58 AM EDT Send to a Friend
Get Alerts SUSP Hot Sheet
Price: $46.00 --0%

Rating Summary:
    7 Buy, 5 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 28 | New: 24
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Benchmark initiated coverage on Susser Petroleum Partners LP (NYSE: SUSP) with a Buy rating and a price target of $35.00.

Analyst Ronald Bookbinder said, "We contend that the shares have upside potential, given the Company’s growth and operating margin opportunities. We believe over the next couple years, Susser could continue to improve its store base, taking advantage of the current retail real estate market and benefitting from the favorable demographics in its core Texas market, which could lead to years of revenue growth. The company could also benefit by pursuing acquisitions."

For an analyst ratings summary and ratings history on Susser Petroleum Partners LP click here. For more ratings news on Susser Petroleum Partners LP click here.

Shares of Susser Petroleum Partners LP closed at $29.18 yesterday.

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