Mizuho Maintains Neutral on Phillips 66, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Neutral rating on Phillips 66 (NYSE:PSX) and lowers the price target from $154 to $150.
September 16, 2024 | 1:41 pm
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NEUTRAL IMPACT
Mizuho analyst Nitin Kumar has maintained a Neutral rating on Phillips 66 and reduced the price target from $154 to $150, indicating a slightly less optimistic outlook.
The Neutral rating suggests no strong buy or sell recommendation, and the lowered price target indicates a slightly less optimistic view on the stock's potential. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100