Raymond James Maintains Outperform on Phillips 66, Raises Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Justin Jenkins maintains an Outperform rating on Phillips 66 (NYSE:PSX) and raises the price target from $140 to $155.
February 01, 2024 | 10:12 am
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Raymond James analyst Justin Jenkins maintains an Outperform rating on Phillips 66 and raises the price target from $140 to $155.
The increase in the price target by Raymond James reflects a positive outlook on Phillips 66's stock, suggesting potential upside. This analyst endorsement could lead to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100