Barclays Raises Phillips 66 Price Target to $282 From $216
Barclays lifted its Phillips 66 price target to $282 from $216 while keeping an Equal-Weight rating, Newsmetry API reported, citing Benzinga.
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what happened
Newsmetry API, citing Benzinga, reported that Barclays raised its price target for Phillips 66 shares to $282.00 from $216.00 per share.
At the same time, Barclays maintained its Equal-Weight rating on the company. The information was published in Benzinga’s analyst-ratings section for PSX.
why it matters
For markets, the update represents a higher valuation assessment while the recommendation remains neutral. The price-target and rating signals therefore point in different directions.
instruments
sources
- Phillips 66 Price Target Raised to $282.00/Share From $216.00 by Barclays — Newsmetry API, 12 October 2026 at 19:51 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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