Phillips 66 stock target raised to USD 308 pre-market by TD Cowen

Published on 10/23/2026 at 08:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The company operates in refining, midstream, chemicals, marketing and renewable fuels. At Lang & Schwarz the stock trades pre-market at EUR 255.30 on October 23, 2026.

Analyst target and operations

TD Cowen analyst Jason Gabelman lifted the Phillips 66 target to USD 308 on October 22, 2026.
The company website lists five business areas: refining, midstream, chemicals, marketing and renewable fuels.
Phillips 66 stock trades pre-market at EUR 255.30 at 8:08 a.m. CEST at Lang & Schwarz on October 23, 2026.

Börsen-Editorialfoto vom NYSE-Handelsparkett mit Energiesektor-Charts und dem Kürzel PSX — Phillips 66 (US7185461040) wird hier am NYSE-Handelsparkett mit Energie-Charts und PSX-Kürzel dargestellt, Illustration mit AI erstellt.

On October 22, 2026, TD Cowen analyst Jason Gabelman raised the firm’s price target for Phillips 66 from USD 295 to USD 308 while maintaining a Buy rating, according to Markets Insider. Phillips 66 stock trades pre-market at EUR 255.30 at 8:08 a.m. CEST at Lang & Schwarz on October 23, 2026.

TD Cowen raises target

The analyst action was part of a third-quarter earnings preview for the refining group. The report cited higher crude flows and limited product flows from the Middle East as favorable factors for refiners, while noting that weaker diesel prices could pressure margins, according to the report.

Ahead of the Xetra open

The bid is EUR 253.60 and the ask is EUR 257.00, a spread of 1.33 percent. The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Phillips 66 stock.