Goldman Sachs Lifts PT on Phillips 66 (PSX) to $186 From $168 – Here’s Why

1 week ago 8

Noor Ul Ain Rehman

Sun, March 15, 2026 astatine 1:49 PM CDT 2 min read

Phillips 66 (NYSE:PSX) is 1 of the astir undervalued vigor stocks to bargain now. On March 12, Goldman Sachs lifted the terms people connected Phillips 66 (NYSE:PSX) to $186 from $168 and maintained a Neutral standing connected the shares. The steadfast told investors successful a probe enactment that estimates crossed the U.S. Majors and Canadian Oils person been updated to bespeak caller Middle East disruptions, with terms targets lifted contempt beardown year-to-date equity performance.

Phillips 66 (PSX) Suffered From An Overreaction After Elliot Victory, Says Jim Cramer

Phillips 66 (NYSE:PSX) besides received a standing update from Barclays connected February 20. The steadfast lifted the terms people connected the banal to $158 from $142, maintaining an Equal Weight standing connected the shares and telling investors that it updated the company’s exemplary to bespeak the fiscal Q4 report.

In its fiscal Q4 and afloat twelvemonth 2025 results, the institution reported fiscal Q4 net of $2.9 cardinal oregon $7.17 per stock and adjusted net of $1.0 cardinal oregon $2.47 per share, including $239 cardinal of pre-tax accelerated depreciation connected the Los Angeles Refinery. Phillips 66 (NYSE:PSX) besides reported full-year 2025 net of $4.4 cardinal oregon $10.79 per stock and adjusted net of $2.6 cardinal oregon $6.44 per share, including $964 cardinal of pre-tax accelerated depreciation connected the Los Angeles Refinery.

Phillips 66 (NYSE:PSX) is progressive successful the processing, storage, transportation, and selling of fuels and different related products. The company’s operations are divided into the pursuing segments: Midstream, Chemicals, Refining, Renewable Fuels, Marketing and Specialties, and Corporate and Other.

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