CST Brands upgraded to Neutral from Underperform at Credit Suisse As previously reported, Credit Suisse upgraded CST Brands to Neutral from Underperform. The firm upgraded shares based on preliminary estimate for the value of the General Partner/Incentive Distribution Rights of $3.70 and the arbitrage of gasoline margin cash flow at the corporate structure to the LP structure. Price target raised to $35 from $29.
CST Brands should be acquistion target for Marathon, CNBC's Cramer says On Jim Cramer's "Mad Money" broadcast Monday, the host made the case for why Marathon Petroleum (MPC) should buy CST Brands (CST), according to a show recap posted by TheStreet. Shares of CST Brands are up 3.4% to $43.35 in pre-market trading. Reference Link