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Sunoco Logistics (NYSE:SXL) downgraded to Hold from Buy, $60 target, at Wunderlich. The stock closed yesterday at $59.42 on volume of 111,000 shares, above average daily volume of 72,013.

Sunoco Logistics Partners is currently above its 50-day moving average of $58.30 and above its 200-day moving average of $54.25.

SmarTrend is bullish on shares of SXL and our subscribers received an Uptrend alert on March 25, 2009 at $53.53, which has returned 11% to date.

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