TD Cowen Reiterates Buy Rating on Phillips 66 (PSX)

Market Context

Phillips 66 operates in the Energy sector. The stock currently trades at $284.63 with a market capitalization of $57.8B. The stock has gained 124.8% over the past 52 weeks.

Analyst coverage from TD Cowen provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Phillips 66.

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for Phillips 66

Among the 10 most recent ratings: 6 Buy, 4 Hold, 0 Sell.

Date	Firm	Rating	Price Target
Oct 22, 2026	TD Cowen	Buy	N/A
Oct 14, 2026	Wells Fargo	Overweight	N/A
Oct 13, 2026	Citigroup	Neutral	N/A
Oct 12, 2026	Evercore ISI Group	Outperform	N/A
Oct 12, 2026	Barclays	Equal-Weight	N/A

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