Phillips 66 Announces Agreement to Acquire Phillips 66 Partners

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Phillips 66 Partners (PSXP) PT Raised to $41 at Mizuho Securities

October 27, 2021 10:51 AM EDT

Mizuho Securities analyst Gabriel Moreen raised the price target on Phillips 66 Partners (NYSE: PSXP) to $41.00 while maintaining a Neutral rating.

The analyst commented, "This morning, PSX (Silvio Micheloto, $100PT, Buy) announced it would acquire all outstanding PSXP common units not already... More