Evercore Partners Initiates Phillips 66 Partners With Buy

Analysts at Evercore Partners initiated coverage on

with a Buy rating. The target price for Phillips 66 Partners is set to $81. Phillips 66 Partners shares have gained 56.52% over the past 52 weeks, while the S&P 500 index has surged 12.49% in the same period. Phillips 66 Partners' shares jumped 3.47% to close at $73.94 yesterday.