Phillips 66 Partners (PSXP) Tops Q3 EPS by 5c
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October 28, 2021 4:28 AM EDT
Credit Suisse analyst Spiro Dounis downgraded Phillips 66 Partners (NYSE: PSXP) from Outperform to Neutral with a price target of $41.00.
For an analyst ratings summary and ratings history on Phillips 66 Partners click here. For more ratings news on Phillips 66 Partners click here.
Shares of Phillips 66 Partners closed at $39.31 yesterday.
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October 27, 2021 10:51 AM EDT
Mizuho Securities analyst Gabriel Moreen raised the price target on Phillips 66 Partners (NYSE: PSXP) to $41.00 while maintaining a Neutral rating.
The analyst commented, "This morning, PSX (Silvio Micheloto, $100PT, Buy) announced it would acquire all outstanding PSXP common units not already... More
October 27, 2021 8:01 AM EDT
Phillips 66 (NYSE: PSX) and Phillips 66 Partners (NYSE: PSXP) announced today that they have entered into a definitive agreement for Phillips 66 to acquire all of the publicly held common units representing limited partner interests in the Partnership not already owned by Phillips 66 and its affiliates.
The agreement, expected to close in the first quarter of 2022, provides for an all-stock transaction in which each outstanding PSXP... More
