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Morgan Stanley Raises its Price Target on Phillips 66 (PSX) to $180
Insider Monkey98d agoneutral
Morgan Stanley Raises its Price Target on Phillips 66 (PSX) to $180

Phillips 66 (NYSE:PSX) is one of the 10 Must-Buy Stocks with the Strongest 1Q2026 Earnings Beats. On April 30, 2026, Morgan Stanley raised its price target on Phillips 66 (NYSE:PSX) to $180 from $174 and maintained an Overweight rating following the company’s Q1 results. The firm noted Q1 adjusted EPS of 49c exceeded the (39c) […]

Phillips 66 Q1 Earnings Call Highlights
MarketBeat103d agoneutral
Phillips 66 Q1 Earnings Call Highlights

Phillips 66 (NYSE:PSX) reported first-quarter 2026 earnings as management emphasized operational execution and commercial flexibility amid what it called unprecedented commodity price volatility tied to geopolitical events in the Middle East. Chairman and CEO Mark Lashier said the quarter featured e