Rating Change
Wells Fargo reiterated its Overweight rating on Phillips 66 (NYSE:PSX) on October 14, 2026.
reiterateNYSE:PSX
Wells Fargo Reiterates Overweight Rating on Phillips 66 (PSX)
Wells Fargo reiterated its Overweight rating on Phillips 66 (NYSE:PSX) on October 14, 2026.
At publication ·
What changed
Phillips 66 (NYSE:PSX) · reiterate
- Firm
- Wells Fargo
- Rating
- Overweight to Overweight
- Price at event
- $293.52
- Market capitalization
- $57.8B
At a glance
Key takeaways
- Wells Fargo maintained an Overweight rating on Phillips 66 (PSX) on October 14, 2026, while the stock trades at $293.52 with a $57.8 billion market cap.
Market Context
Phillips 66 operates in the Energy sector. The stock currently trades at $293.52 with a market capitalization of $57.8B. The stock has gained 129.1% over the past 52 weeks.
Analyst coverage from Wells Fargo 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 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 |
| Oct 08, 2026 | Mizuho | Neutral | N/A |
Related Tools: Analyst Ratings Dashboard | View PSX Stock Page
Frequently Asked Questions
What does the Overweight rating mean for PSX?
A rating of Overweight from Wells Fargo reflects the analyst's outlook on Phillips 66 (NYSE:PSX). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the PSX forecast page.
