Phillips 66 (PSX) is a large-cap energy manufacturing and logistics company with a market cap of $55.2 billion. The stock hit a 52-week high of $143.25 on Nov. 14 but is currently trading 4.4% below that peak. While PSX stock prices have gained 3.1% in the past three months, it has underperformed compared to the Nasdaq Composite. The company’s Q3 results exceeded expectations, with total revenues of around $35 billion and an adjusted EPS of $2.52. Analysts give PSX a “Moderate Buy” rating with a mean price target of $148.75, suggesting an 8.6% upside potential.
Read more at Barchart: Is Phillips 66 Stock Underperforming the Nasdaq?
