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>> PHILLIPS 66 Latest News

AUG 19, 2013 - Benzinga

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UPDATE: Deutsche Bank Initiates Phillips 66 Partners LP with Hold on Multiple Positive Factors

In a report published Monday, Deutsche Bank analyst Curt Launer initiated coverage on Phillips 66 Partners LP (NYSE: PSXP) with a Hold rating and $35.00 price target. In the report, Deutsche Bank noted, “PSXP has risen over 40% from its $23 per unit IPO pricing including a first day move of about 30%.

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