Information Provided By:
Fly News Breaks for May 1, 2018
PSXP
May 1, 2018 | 08:07 EDT
As previously reported, BofA/Merrill upgraded Phillips 66 Partners to Buy from Neutral and raised its price target to $65 from $55. Analyst Dennis Cole believes Phillips 66 Partners is "undervalued given the partnership's growth profile, distribution growth, drop down opportunities from general partner, and low business risk profile. Cole said the status updates for its project backlog growth reduces the need for drop-downs and the announced Gray Oak Pipeline project drives strong 2020 organic growth.
News For PSXP From the Last 2 Days
There are no results for your query PSXP
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.