9 Analysts Have This to Say About Phillips 66
Portfolio Pulse from Benzinga Insights
Phillips 66 (NYSE:PSX) has received 9 analyst ratings in the last quarter, with 6 somewhat bullish, 3 indifferent, and none bearish. The average 12-month price target for PSX is $136.11, with a high of $150.00 and a low of $116.00. This target has increased by 2.82% over the past month. Analyst ratings are based on future earnings predictions and company risk profiles, and are updated quarterly or after major company events.
December 04, 2023 | 6:00 pm
News sentiment analysis
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POSITIVE IMPACT
Phillips 66 has a majority of somewhat bullish ratings from analysts and an increased average price target, indicating a positive outlook.
The positive analyst ratings and the recent increase in the average price target suggest that analysts have a favorable view of Phillips 66's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100