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Home»Business & Economy»Stifel Increases Global Partners (GLP) Target to $46 with Hold Rating Intact
Business & Economy

Stifel Increases Global Partners (GLP) Target to $46 with Hold Rating Intact

Emirates InsightBy Emirates InsightMarch 7, 2026No Comments
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Stifel Increases Global Partners (GLP) Target to $46 with Hold Rating Intact
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Global Partners LP (NYSE:GLP) is included among the 15 Best High Dividend Stocks to Invest in Under $100.

Stifel Increases Global Partners (GLP) Target to $46 with Hold Rating Intact
Stifel Increases Global Partners (GLP) Target to $46 with Hold Rating Intact

On March 2, Selman Akyol of Stifel raised the firm’s price recommendation on Global Partners LP (NYSE:GLP) to $46 from $45. The firm reiterated a Hold rating on the shares.

During the fourth-quarter 2025 earnings call, President and CEO Eric Slifka said the company’s GDSO segment delivered solid results. He explained that stronger fuel margins helped offset weaker volumes and a smaller contribution from station operations. That decline partly reflected site optimization efforts. Slifka noted that the business benefits from a diversified structure. The company operates supply terminals, wholesale distribution, bunkering, and retail locations. In his view, those multiple revenue streams help stabilize performance across different market cycles.

Slifka also said the board approved a quarterly cash distribution of $0.76 per common unit. He pointed out that the increase marked the company’s 17th consecutive quarterly increase. The distribution was paid on February 13 to unitholders of record as of February 9.

Chief Financial Officer Gregory Hanson reviewed the company’s financial results for the quarter. He said adjusted EBITDA totaled $94.8 million, compared with $97.8 million in the same period a year earlier. Net income reached $25.1 million, slightly above the $23.9 million reported in the prior-year quarter. Hanson added that distributable cash flow came in at $38.4 million for the quarter, down from $45.7 million a year earlier. Adjusted distributable cash flow totaled $38.8 million, compared with $46.1 million in the previous year’s quarter.

Eric Slifka operates as an integrated owner, supplier, and operator of liquid energy terminals, fueling locations, and retail sites. The company operates or maintains storage at 54 liquid energy terminals. These assets connect to rail, pipeline, and marine networks that extend from Maine to Florida and into the US Gulf States.

While we acknowledge the potential of GLP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 14 Best Dividend Stocks to Invest in Under $50 and 40 Most Popular Stocks Among Hedge Funds Heading into 2026.

Disclosure: None. Follow Insider Monkey on Google News.

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Stifel Increases Global Partners (GLP) Target to $46 with Hold Rating Intact

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