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SUN - Sunoco: Fragile But Still A Good Dividend Pick
Sunoco LP representing limited partner interests
Sunoco LP (SUN) last reported earnings after the market closed on May 8th, 2019, and their next projected earnings for the second quarter of the year should come early August. Meanwhile, the stock remains in a range of $29-$32 with no clear technical events emerging. In addition to the consolidation, volume has calmed with relative volume dropping to about 0.65x on June 11th, 2019. Investors in SUN have also had to shirk two analyst downgrades in the last three months as Barclays reduced its SUN rating from “overweight” to