Wall Street reacted negatively to Sunoco's deal, with shares dropping 10%. Mizuho Financial Group analysts labeled the transaction as 'less than stellar', casting doubt on Sunoco's projected benefits. However, Raymond James analysts suggested the $150 million synergy figure might be conservative, highlighting potential upside in terminals and renewables.
RECAP U.S. stocks advanced on Monday, building off a record finish ahead of the ramping up of fourth-quarter earnings season. The$道瓊斯指數(.DJI.US)$rose 138 points, or 0.26%, to 38,000. The$標普500指數(.SPX.US)$was up 10 points, or 0.22%, at 4,850. The$納斯達克綜合指數(.IXIC.US)$advanced 49 points, or 0.32%, to 15,360. While the S&P 500 finally returned to record territory on Friday, skeptic...
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U.S. stocks advanced on Monday, building off a record finish ahead of the ramping up of fourth-quarter earnings season.
The $道瓊斯指數(.DJI.US)$ rose 138 points, or 0.26%, to 38,000. The $標普500指數(.SPX.US)$ was up 10 points, or 0.22%, at 4,850. The $納斯達克綜合指數(.IXIC.US)$advanced 49 points, or 0.32%, to 15,360.
While the S&P 500 finally returned to record territory on Friday, skeptic...
• $Grab Holdings(GRAB.US)$: Bernstein Upgrades to Outperform from Market Perform - PT $3.04
• $Linde(LIN.US)$: Evercore ISI Upgrades to Outperform from In Line - PT $355
• $Magellan Midstream(MMP.US)$: Wells Fargo Upgrades to Overweight from EqualWeight - PT $56 (from $54)
• $Mercury Systems(MRCY.US)$: Baird Upgrades to Outperform from Neutral - PT $72 (from $56)
• $Nurix Therapeutics(NRIX.US)$: Wells Fargo Upgrades to Overweight from EqualWeight - PT...
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