Phillips 66 (NYSE:PSX) share price fell by 2.73% between January 9 and January 16, 2026, making it one of the Energy Stocks that Lost the Most This Week. Investors took profits after the surge to a 52-week high due to potential US action in Venezuela. JPMorgan reduced its price target on PSX to $151, while Piper Sandler lowered its target to $153, expecting increased Venezuelan crude volumes in the US. Despite PSX’s potential, certain AI stocks may offer greater upside potential and less downside risk.

Read more at Yahoo Finance: Here is Why Phillips 66 (PSX) Fell This Week