Reported 1 day ago
Sunoco LP (NYSE:SUN), a leading independent fuel distributor in North America, has announced its acquisition of Parkland Corporation, leading to a mixed response from analysts, with some downgrading Parkland's ratings. Despite this, Sunoco's stock performance remains positive, bolstered by its attractive dividend yield of 6.70% and a consensus Buy rating, appealing to investors.
Source: YAHOO