Piper Sandler Maintains Overweight on Phillips 66, Raises Price Target to $130
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Ryan Todd maintains an Overweight rating on Phillips 66 (NYSE:PSX) and raises the price target from $127 to $130.

July 07, 2023 | 1:24 pm
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POSITIVE IMPACT
Piper Sandler maintains an Overweight rating on Phillips 66 and raises the price target from $127 to $130.
The raised price target by Piper Sandler indicates a positive outlook for Phillips 66. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100