Piper Sandler raised the firm’s price target on Phillips 66 (PSX) to $159 from $155 and keeps a Neutral rating on the shares. The firm says that although Phillips 66’s Q3 result is unlikely to materially change investors’ outlook, it still views the result as solid and another baby step in the right direction.
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Read More on PSX:
- Phillips 66 price target raised to $162 from $154 at Wells Fargo
- Phillips 66 Reports Strong Q3 Earnings and Strategic Progress
- Phillips 66 Earnings Call: Record Utilization and Strategic Growth
- Phillips 66 reports Q3 adjusted EPS $2.52, consensus $2.14
- Phillips 66 (PSX) (PSX) Q3 Earnings Cheat Sheet