PSX Crosses Above Average Analyst Target

In recent trading, shares of Phillips 66 (Symbol: PSX) have crossed above the average analyst 12-month target price of $80.36, changing hands for $80.64/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuationIn recent trading, shares of Phillips 66 (Symbol: PSX) have crossed above the average analyst 12-month target price of $80.36, changing hands for $80.64/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuationRead MoreMarkets,Stocks,ETFsStocks Feed