Argus Research Reiterates Buy on Phillips 66, Maintains $167 Price Target
Portfolio Pulse from Benzinga Newsdesk
Argus Research has reiterated its Buy rating on Phillips 66 (NYSE:PSX) and maintained a price target of $167.
May 30, 2024 | 5:58 pm
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Argus Research has reiterated its Buy rating on Phillips 66 and maintained a price target of $167, indicating continued confidence in the company's performance.
The reiteration of a Buy rating and maintenance of a $167 price target by Argus Research suggests strong confidence in Phillips 66's future performance. This positive analyst rating is likely to boost investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100