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PSXBullishAnalyst Target Updateanalyst
Medium materiality6/10

Phillips 66 (PSX) PT Raised to $346 at Wells Fargo

Oct 29, 2026, 7:30 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

The target increase and implied upside are constructive, but are not evidence of a guaranteed move.

AI summary

What happened, with direct paths to the underlying reporting

Wells Fargo raised its Phillips 66 price target to $346, about 26% above the posted price of $273.76. The change is bullish, though the record provides no rationale or prior target for context.

  • Wells Fargo raised PSX’s target to $346, roughly 26% above the posted price.

Key facts

  1. 01

    Target: $346

  2. 02

    Posted price: $273.76

  3. 03

    Analyst firm: Wells Fargo

  4. 04

    Analyst: Sam Margolin

How to read this signal

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