This Phillips 66 Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Compass Point analyst Casey Alexander initiated coverage on Blue Owl Technology Finance Corp (NYSE:OTF) with a Buy rating and announced a price target of $17. Blue Owl Technology shares closed at $15.77 on Tuesday. See how other analysts view this stock.
• JP Morgan analyst Ella Smith initiated coverage on Q2 Holdings, Inc. (NYSE:QTWO) with an Overweight rating and announced a price target of $115. Q2 Holdings shares closed at $86.01 on Tuesday.. See how other analysts view this stock.
• Evercore ISI Group analyst Stephen Richardson initiated coverage on Phillips 66 (NYSE:PSX) with an Outperform rating and announced a price target of $130. Phillips 66 shares closed at $124.54 on Tuesday. See how other analysts view this stock.
• B of A Securities analyst Wamsi Mohan initiated coverage on Sandisk Corporation (NASDAQ:SNDK) with a Buy rating and announced a price target of $61. SanDisk shares closed at $44.09 on Tuesday. See how other analysts view this stock.
• Cantor Fitzgerald analyst Matthew Prisco initiated coverage on ON Semiconductor Corporation (NASDAQ:ON) with a Neutral rating and announced a price target of $55. ON Semiconductor shares closed at $52.94 on Tuesday. See how other analysts view this stock.

Considering buying PSX stock? Here’s what analysts think:

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