Phillips 66 (PSX) price target raised by analyst, 2026 CapEx budget approved

MSN
2026.01.02 05:24
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Phillips 66 (NYSE:PSX) has been recognized as one of the 7 Best Fortune 500 Dividend Stocks to Invest in Now. The company, which operates as a diversified downstream energy provider, has had its price target raised by Mizuho from $145 to $150. Additionally, Phillips 66's 2026 CapEx budget has been approved, indicating ongoing investment in its operations.

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