B of A Securities Maintains Neutral on Phillips 66, Raises Price Target to $143
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Doug Leggate maintains a Neutral rating on Phillips 66 (NYSE:PSX) and raises the price target from $141 to $143.
September 18, 2023 | 5:38 pm
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NEUTRAL IMPACT
B of A Securities maintains a Neutral rating on Phillips 66 and raises the price target from $141 to $143.
The news is directly about Phillips 66 and is likely to have a neutral impact on its stock price in the short term. The analyst maintains a Neutral rating, indicating no major changes in the company's outlook. However, the slight increase in the price target could be seen as a positive signal, but it's not significant enough to drive a strong upward movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100