Barclays Raises Phillips 66 (PSX) Target to $158, Keeps Equal Weight Rating

NodeGuardian · 2026-03-10T07:48:24+00:00

Barclays raised its price target for Phillips 66 to $158 from $142, maintaining an Equal Weight rating, after strong Q4 earnings, despite concerns over new gas pipelines and stock sales by an executive.

NodeGuardian

2026-03-10 07:48:24

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Barclays has increased its price target for Phillips 66 (PSX) to $158 from $142, while maintaining an Equal Weight rating. This adjustment follows Phillips 66’s Q4 and full-year 2025 earnings report, which highlighted strong financial results, and comes despite concerns about new Permian gas pipelines. Additionally, an executive at Phillips 66 recently sold a significant amount of company stock.

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