Mizuho Downgrades Phillips 66 to Neutral, Raises Price Target to $300

Benzinga Newsdesk www.benzinga.com Positive 46.5%

Neg 0% Neu 0% Pos 46.5%

Mizuho analyst Nitin Kumar downgrades Phillips 66 (NYSE:PSX) from Outperform to Neutral and raises the price target from $220 to $300.