Piper Sandler analyst Ryan Todd raised the firm’s price target on Phillips 66 (PSX) to $145 from $144 and keeps a Neutral rating on the shares. Two weeks into 2nd Quarter refining earnings and results remain constructive, the firm notes.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PSX:
- Insider Moves: Charles Schwab, Phillips 66, NXP, Corning, Boston Scientific
- Phillips 66 Earnings Call: Strong Execution Amid Challenges
- Phillips 66 files automatic mixed securities shelf
- Phillips 66 price target lowered to $144 from $147 at Piper Sandler
- Phillips 66 price target raised to $143 from $141 at UBS