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Published in TZ Latest News 5 July, 2016 by The TZ Newswire Staff

Sunoco LP’s String of Acquisitions Couldn’t Shake an Analyst Downgrade in June

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Image source: Sunoco LP corporate website

What: Shares of Sunoco LP (NYSE: SUN) declined 11.3% in June. The biggest reason for the stock plummeting was a downgrade from analyst group Jeffries, but the company gave some hope of better times as it inked three separate transations in the month to bolster its fuel retail network.

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