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Phillips 66 (PSX +3.6%) jumps as Tudor Pickering Holt initiates coverage with a Buy rating and...
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Tuesday, November 6, 2012, 10:14 AM ETPhillips 66 (PSX +3.6%) jumps as Tudor Pickering Holt initiates coverage with a Buy rating and $79 price target: "We all dream of finding a dusty muscle car with an engine in perfect running shape. For us finance types, [PSX] is close... The engine keeps humming," with the refining and chemical side of the business enjoying low crude oil and natural gas prices in North America.
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Any thoughts on div. increases over time, or doing some covered writing on this beauty?
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