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Elliott Investment Management invests $2.5bn in Phillips 66
Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for ...
Activist Elliott has unfinished business at Phillips 66. How its plan to build value may unfold
Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...
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Activist Elliott has unfinished business at Phillips 66. How its plan to build value may unfold
On Feb. 11, Elliott issued a letter and presentation to the Phillips 66 board outlining "Streamline66," a plan to resolve the company's continued underperformance and poor corporate governance ...
Phillips 66 price target raised to $132 from $128 at TD Cowen
TD Cowen analyst Jason Gabelman raised the firm’s price target on Phillips 66 (PSX) to $132 from $128 and keeps a Buy rating on the shares. The ...