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Phillips 66 (NYSE:PSX) Price Target Raised to $193.00
Wolfe Research has increased its price target for Phillips 66 (NYSE:PSX) to $193.00 from $187.00, maintaining an “outperform” rating, suggesting a potential upside of 9.7% from its last close. The company consistently beats EPS estimates, however, insiders have sold a significant number of shares recently, totaling approximately $17 million in value. Despite mixed analyst opinions, the consensus remains a “Moderate Buy” with an average price target of $173.39.