UPDATE: Deutsche Bank Upgrades Phillips 66 on Bullish 2014 Outlook
December 09, 2013 at 09:23 AM EST
In a report published Monday, Deutsche Bank analyst Paul Sankey upgraded the rating on Phillips 66 (NYSE: PSX ) from Hold to Buy, and raised the price target from $64.00 to $80.00. In the report, Deutsche Bank noted, “Since our ‘Diamond Age' (Oct 2010) refining upgrade, & subsequent ‘Future of
