Morgan Stanley Reiterates Equal-Weight on Phillips 66, Maintains $125 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh has reiterated an Equal-Weight rating on Phillips 66 (NYSE:PSX) and maintained a $125 price target.
July 19, 2023 | 3:30 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Phillips 66 and maintained a $125 price target.
The news is directly related to Phillips 66 as Morgan Stanley has reiterated its Equal-Weight rating and maintained its price target. This suggests that the analyst sees the stock as fairly valued at current levels, which could limit its short-term price movement.
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RELEVANCE 100