Phillips 66 downgraded to Neutral from Outperform at Credit Suisse Credit Suisse downgraded Phillips 66 based on valuation, concerns regarding 2013 Gulf margins, and expectations for lower Mid-Con crude spreads due to rail capacity. Price target raised to $53 from $46.
News For PSX From The Last 14 Days
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UBS to host a conference Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 21 at 8:30 am; not all company presentations may be webcasted. Webcast Link