Wells Fargo Maintains Overweight on Phillips 66, Raises Price Target to $111
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Overweight rating on Phillips 66 (NYSE:PSX) and raises the price target from $118 to $111.
June 02, 2023 | 12:05 pm
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Wells Fargo maintains an Overweight rating on Phillips 66 and raises the price target to $111.
The news of Wells Fargo maintaining an Overweight rating on Phillips 66 and raising the price target to $111 indicates a positive outlook for the company's stock. This could lead to an increase in investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100