Citigroup Increases Price Target for Phillips 66
Citigroup has raised its price target for Phillips 66 (PSX) from $297 to $302.
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Phillips 66 Appoints Chris Chandler as Executive Vice President and Strategic Advisor to the CEO
Phillips 66 has appointed Chris Chandler as Executive Vice President and Strategic Advisor to the CEO, leveraging his extensive experience in the energy industry.
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Zacks analysts recommend three energy stocks with Zacks Rank #1 (Strong Buy) and Momentum Score A for November: Phillips 66, Valero Energy, and HF Sinclair. All three reported strong Q3 2026 earnings that significantly beat consensus estimates, driven by high refinery utilization, wider margins, and elevated crude oil prices from Middle East geopolitical tensions. Each stock shows expected earnings growth exceeding 100% for the current year.
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Morgan Stanley Adjusts Price Target on Phillips 66 to $290
Morgan Stanley has increased its price target for Phillips 66 from $284 to $290.
Wells Fargo Maintains Overweight on Phillips 66, Raises Price Target to $346
Wells Fargo Raises Price Target on Phillips 66 to $346
Wells Fargo analyst Sam Margolin increased the price target for Phillips 66 (NYSE: PSX) from $345 to $346 while maintaining an Overweight rating.