Barclays Maintains Equal-Weight on Phillips 66, Raises Price Target to $139
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen maintains an Equal-Weight rating on Phillips 66 (NYSE:PSX) and raises the price target from $132 to $139.
February 05, 2024 | 1:42 pm
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POSITIVE IMPACT
Barclays maintains an Equal-Weight rating on Phillips 66 and raises the price target from $132 to $139.
The increase in the price target by Barclays reflects a positive outlook on Phillips 66, likely leading to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100