Wall Street Sees a 47% Upside to SunCoke Energy (SXC)

Core Insights - SunCoke Energy, Inc. (NYSE:SXC) is identified as one of the best dividend stocks to buy, with an average price target suggesting a 47% upside potential [1] - B. Riley maintained a Neutral rating on SXC, reducing the price target from $11 to $10, while noting that SXC's adjusted EBITDA of $59.1 million exceeded market expectations [2] - The company has raised its Industrial Services EBITDA guidance for 2025 to a range of $63 million to $67 million, and adjusted EBITDA guidance to between $220 million and $224 million, driven by contributions from Phoenix and anticipated synergies [3] Company Developments - SunCoke Energy has extended its cokemaking agreement with Cleveland-Cliffs Inc. for three years, committing to supply 500,000 tons of metallurgical coke annually from its Haverhill plant starting January 1, 2026 [4] - The company operates in the United States and Brazil through its Domestic Coke, Brazil Coke, and Logistics segments [5]