Susser Petroleum Partners price target raised to $63 from $50 at RW Baird RW Baird raised its price target for Susser Petroleum Partners (SUSP) to $63 citing an extended drop-down schedule. The firm sees potential for shares to reach $80 in two years based on drop downs and keeps an Outperform rating on the stock.
Susser Petroleum plans to change name to Sunoco LP, ticker symbol to 'SUN' Susser Petroleum Partners (SUSP) also plans to change its name to Sunoco LP and its ticker symbol to SUN. The change in name and ticker symbol is intended to align the Partnership's legal and marketing name with that of Energy Transfer Partners' s (ETP) brand, Sunoco. The Partnership is proud to be able to trade under the SUN symbol, which traded on the New York Stock Exchange for almost 87 years until the sale of Sunoco to ETP in October 2012. The change is expected to occur in Q4.