Analysts at JP Morgan initiated coverage on Phillips 66 PSX with a Overweight rating.
The target price for Phillips 66 is set to $101.
Phillips 66 shares have surged 45.13% over the past 52 weeks, while the S&P 500 index has gained 17.49% in the same period.
Phillips 66 shares dropped 2.23% to close at $83.84 yesterday.
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