UPDATE: J.P. Morgan Raises PT on Phillips 66 on Solid Upside Potential
December 09, 2013 at 12:23 PM EST
In a report published Monday, J.P. Morgan analyst Katherine Lucas Minyard reiterated an Overweight rating on Phillips 66 (NYSE: PSX ), and raised the price target from $68.00 to $81.00. In the report, J.P. Morgan noted, “We have an Overweight rating on PSX shares. We believe PSX is positioning itself