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Analysts Have Conflicting Sentiments on These Energy Companies: Phillips 66 (PSX) and CVR Energy (CVI)

Tipranks - Wed Jan 7, 7:44AM CST

Analysts have been eager to weigh in on the Energy sector with new ratings on Phillips 66 (PSXResearch Report) and CVR Energy (CVIResearch Report).

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Phillips 66 (PSX)

In a report released today, Nitin Kumar CFA from Mizuho Securities reiterated a Hold rating on Phillips 66, with a price target of $150.00. The company’s shares closed last Monday at $139.98.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 3.3% and a 56.8% success rate. CFA covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, California Resources Corp, and HF Sinclair Corporation. ;'>

Currently, the analyst consensus on Phillips 66 is a Moderate Buy with an average price target of $147.31.

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CVR Energy (CVI)

Scotiabank analyst Paul Cheng maintained a Sell rating on CVR Energy today and set a price target of $26.00. The company’s shares closed last Monday at $25.79.

According to TipRanks.com, Cheng is a 3-star analyst with an average return of 1.9% and a 49.8% success rate. Cheng covers the NA sector, focusing on stocks such as HF Sinclair Corporation, Occidental Petroleum, and Marathon Petroleum. ;'>

CVR Energy has an analyst consensus of Moderate Sell, with a price target consensus of $28.50.

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