Raymond James Financial Increases Phillips 66 (NYSE:PSX) Price Target to $205.00

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Raymond James Financial has raised its price target for Phillips 66 (NYSE:PSX) shares from $175.00 to $205.00, maintaining an “outperform” rating. This new target suggests a potential upside of 13.49% from the current price. Other analysts have also adjusted their ratings and price objectives for the oil and gas company, with the stock currently holding a “Moderate Buy” consensus rating and an average target of $164.00.

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