Phillips 66 (NYSE:PSX) is one of the 11 Best Energy Stocks to Buy for Dividends in 2026. Analyst Paul Cheng raised the price target on PSX from $133 to $140, maintaining a ‘Sector Perform’ rating due to straightforward earnings expectations for the quarter.

However, JPMorgan lowered its price target on PSX from $154 to $151 while keeping an ‘Overweight’ rating. The adjustments were made in light of recent commodity prices for the fourth quarter.

Phillips 66 (NYSE:PSX) offers a robust annual dividend yield of 3.47% and was recently included in the Best Energy Stocks for a Retirement Stock Portfolio list.

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Read more at Yahoo Finance: Analyst Raises Price Target on Phillips 66 (PSX)