Form 425 PHILLIPS 66 PARTNERS LP Filed by: Phillips 66

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Go back to Form 425 PHILLIPS 66 PARTNERS LP Filed by: Phillips 66

Phillips 66 (PSX) PT Lowered to $77 at Cowen

November 1, 2021 8:02 AM EDT

Cowen analyst Jason Gabelman lowered the price target on Phillips 66 (NYSE: PSX) to $77.00 (from $79.00) while maintaining a Market Perform rating.

The analyst commented, "PSX earnings beat a high bar, though equity did not respond in kind, potentially due to concerns around the... More