Phillips 66 shares are trading higher after Wells Fargo maintained an Overweight rating on the stock and raised its price target from $130 to $144.
Portfolio Pulse from Benzinga Newsdesk
Phillips 66 shares are trading higher after Wells Fargo maintained an Overweight rating on the stock and raised its price target from $130 to $144.
September 08, 2023 | 1:57 pm
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POSITIVE IMPACT
Phillips 66's stock price is likely to increase in the short term due to Wells Fargo's maintained Overweight rating and raised price target.
Wells Fargo's maintained Overweight rating and increased price target for Phillips 66 indicates a positive outlook for the company's stock. This is likely to attract investors, driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100