Barclays Maintains Equal-Weight on Phillips 66, Lowers Price Target to $142
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen maintains an Equal-Weight rating on Phillips 66 (NYSE:PSX) but lowers the price target from $147 to $142.
July 01, 2024 | 2:29 pm
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Barclays analyst Theresa Chen maintains an Equal-Weight rating on Phillips 66 but lowers the price target from $147 to $142.
The lowered price target from $147 to $142 suggests a slightly less optimistic outlook for Phillips 66, which could lead to a short-term negative impact on the stock price.
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