Morgan Stanley Upgrades Phillips 66 (PSX)
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks PSX Morgan Stanley Upgrades Phillips 66 (PSX) April 24, 2026 — 08:04 pm EDT Written by George Maybach for Fintel-> Fintel reports that on April 24, 2026, Morgan Stanley upgraded their outlook for Phillips 66 (NYSE:PSX) from Equal-Weight to Overweight.
Analyst Price Forecast Suggests 10.91% Upside As of April 16, 2026, the average one-year price target for Phillips 66 is $180.62/share. The forecasts range from a low of $135.90 to a high of $223.65. The average price target represents an increase of 10.91% from its latest reported closing price of $162.85 / share. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Phillips 66 is 108,238MM, a decrease of 18.23%. The projected annual non-GAAP EPS is 6.78. What is the Fund Sentiment? There are 1,995 funds or institutions reporting positions in Phillips 66. This is an decrease of 639 owner(s) or 24.26% in the last quarter. Average portfolio weight of all funds dedicated to PSX is 0.17%, an increase of 37.13%. Total shares owned by institutions decreased in the last three months by 12.63% to 308,559K shares. The put/call ratio of PSX is 0.88, indicating a bullish outlook. What are Other Shareholders Doing?
Elliott Investment Management holds 19,251K shares representing 4.80% ownership of the company. No change in the last quarter. Wells Fargo holds 14,153K shares representing 3.53% ownership of the company. In its prior filing, the firm reported owning 15,104K shares , representing a decrease of 6.72%. The firm decreased its portfolio allocation in PSX by 14.84% over the last quarter. Harris Associates L P holds 13,978K shares representing 3.49% ownership of the company. In its prior filing, the firm reported owning 13,640K shares , representing an increase of 2.42%. The firm decreased its portfolio allocation in PSX by 25.13% over the last quarter.
Geode Capital Management holds 10,414K shares representing 2.60% ownership of the company. In its prior filing, the firm reported owning 10,368K shares , representing an increase of 0.44%. The firm decreased its portfolio allocation in PSX by 7.80% over the last quarter. Bank of New York Mellon holds 7,104K shares representing 1.77% ownership of the company. In its prior filing, the firm reported owning 8,514K shares , representing a decrease of 19.86%. The firm decreased its portfolio allocation in PSX by 22.28% over the last quarter. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.Click to Learn MoreThis story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Tags Stocks Fintel Fintel is a leading provider of financial data and insights for intelligent, data-driven investors. With coverage of over 75,000 listed companies on all major stock exchanges, Fintel has the most comprehensive coverage of global equities at prices individual investors can afford. Check out our Unique Analysis of Insider Sentiment for Phillips 66-> Find out what the Options Markets think of Phillips 66-> See our take on Phillips 66 Upcoming Earnings-> More articles by this source-> Stocks mentioned PSX More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.