Sunoco (SUN) Retains its Buy Rating at RBC Capital

Sunoco LP (NYSE:SUN) is one of the 11 Best Pipeline and MLP Stocks to Buy in 2026.

RBC Capital Maintains Buy Rating on Sunoco (SUN) with a $64 Price Target

On January 28, 2026, RBC Capital’s Elvira Scotto maintained a Buy rating on Sunoco LP (NYSE:SUN). The price target on the stock remains at $64. The firm released the update as part of a broader review of the U.S. Midstream industry’s fourth quarter.

Separately, the company announced its fifth consecutive quarterly increase, raising the quarterly distribution by 1.15c per common unit. This brings the cash distribution for the quarter ended December 2025 to 93.17c per common unit, a 1.25% increase from the previous quarter, September 2025.

Prior to this update on unit holder distributions, the partnership also released its primary financial objectives for the new year. On January 6, 2026, Sunoco LP (NYSE:SUN) announced its full-year 2026 adjusted EBITDA guidance in the range of $3.1 billion to $3.3 billion. The synergies from the acquisition of Parkland Corporation form a key assumption to the 2026 EBITDA guidance as the company anticipates approximately $125 million in total Parkland synergies.

Founded in 1886, Sunoco LP (NYSE:SUN) is one of North America’s largest independent distributors of motor fuels. The Texas-based company operates a large network of pipelines and refined-product terminals, providing wholesale fuel distribution and energy infrastructure services globally.

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