Phillips 66's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Investors with significant funds have taken a bullish position in Phillips 66 (NYSE:PSX), as identified by Benzinga's options scanner. The sentiment among these large-scale traders is mixed, with 50% being bullish and 37% bearish. The options data shows a price range target from $105.0 to $155.0 for PSX over the last 3 months. Analysts have issued positive ratings with a consensus target price of $165.0.
May 30, 2024 | 4:36 pm
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Investors with significant funds have taken a bullish position in Phillips 66 (NYSE:PSX), with options data indicating a price range target from $105.0 to $155.0. Analysts have issued positive ratings with a consensus target price of $165.0.
The options data shows significant interest from large investors, with a mixed sentiment but a general bullish outlook. Analysts' positive ratings and high target prices further support a likely upward movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100