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Fly News Breaks for July 8, 2016
PSX
Jul 8, 2016 | 06:07 EDT
Wells Fargo analyst Roger Read downgraded Phillips 66 to Market Perform citing the stock's relative outperformance and a "shakier outlook" for the company's refining operations. Read cut his price target range for the shares to $75-$82 from $89-$94.
News For PSX From the Last 2 Days
PSX
Apr 18, 2024 | 05:29 EDT
Barclays analyst Theresa Chen raised the firm's price target on Phillips 66 to $155 from $139 and keeps an Equal Weight rating on the shares. The analyst increased the price target after exploring the impacts and opportunities of an evolving infrastructure landscape for midstream and downstream operators "amid a dynamic price backdrop."
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