Phillips 66's Refining Rhapsody: Will It Keep Singing? The refining industry has been marked by supply disruptions, conflicts, and price volatility in recent years.
Amidst this chaos, one company stands out: Phillips 66 (NYSE:PSX). With gains of over 110% since the start of 2026, investors are wondering if the stock's record breaking run is about to reach its peak.
However, analysts at BMO Capital remain bullish on PSX, raising their price target from $260 to $310 and maintaining an 'Outperform' rating.