Piper Sandler Maintains Overweight on Phillips 66, Raises Price Target to $187
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Ryan Todd has maintained an Overweight rating on Phillips 66 (NYSE:PSX) and increased the price target from $169 to $187.
April 05, 2024 | 11:59 am
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POSITIVE IMPACT
Piper Sandler maintains an Overweight rating on Phillips 66 and raises the price target from $169 to $187.
The increase in the price target by Piper Sandler suggests a positive outlook on Phillips 66's future performance. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100