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Stock Market & Financial Investment News

News Breaks
July 9, 2014
14:37 EDTPSXPhillips 66 spikes to highs of session after increased CapEx, share repurchase
The stock is up approximately 0.7%.
News For PSX From The Last 14 Days
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March 31, 2015
09:33 EDTPSXPhillips 66 downgraded to Neutral from Buy at Gilford Securities
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March 25, 2015
09:29 EDTPSXRefining stocks can outperform commodities within cycle, says Cowen
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09:19 EDTPSXRefining sector price targets raised at Morgan Stanley
Morgan Stanley believes the market is underestimating US downstream earnings power. The firm expects US refining to re-rate, driven by relative valuations, secular tailwinds, and focus on shareholder returns. Morgan Stanley raised price targets on Valero (VLO) to $90 from $70, Tesoro (TSO) to $120 from $92, Phillips 66 (PSX) to $105 from $95, Western Refining (WNR) to $63 from $52, Delek US (DK) to $48 from $45, Marathon Petroleum (MPC) to $145 from $120, and PBF Energy (PBF) to $45 from $35.

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