Phillips 66 shares are trading higher after B of A Securities maintained a Neutral rating on the stock and raised its price target from $150 $180.
Portfolio Pulse from Benzinga Newsdesk
Phillips 66 (PSX) shares are trading higher following an update from B of A Securities, which maintained a Neutral rating on the stock but increased its price target from $150 to $180.
March 15, 2024 | 6:49 pm
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Phillips 66 shares are experiencing an uptick after B of A Securities raised its price target from $150 to $180, while keeping a Neutral rating.
The increase in the price target by B of A Securities suggests a positive outlook on the stock's value, potentially leading to increased investor confidence and a short-term rise in stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90