Morgan Stanley analyst Joe Laetsch has raised the price target for Phillips 66 (PSX) from $180 to $196, maintaining an Overweight rating on the energy company. This adjustment reflects the firm's updated valuation model and positive outlook on PSX's refining and marketing segments.

Morgan Stanley Lifts Phillips 66 Price Target to $196
PSXEnergy SectorAnalyst RatingsStock AnalysisMorgan Stanley



