Bullish Case: PSX shows resilience with a recent dividend increase and steady institutional investments, possibly boosting investor confidence and driving the stock price up.


Bearish Case: Market volatility, potential cost pressures from supply chain disruptions, and uncertain refining margins may dampen PSX's performance in the short term.


Potential Outcomes:

1. Successful dividend growth and strategy execution lift stocks (60%).

2. Market volatility leads to price drops (30%).

3. Unforeseen operational setbacks occur (10%).


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April 24, 2024


Phillips 66 Forecast

PSX        Phillips 66
Price Forecast: BULLISH    Price Action: RANDOM (?)











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