Wall Street Analysts Think Phillips 66 (PSX) Is a Good Investment: Is It?

The article states that Wall Street analyst recommendations are often used by investors to decide whether to buy, sell, or hold a stock. It notes that media reports about brokerage-employed analysts changing ratings can affect a stock's price, but provides no company-specific rating action or market-moving data.

Analysis

The article states that Wall Street analyst recommendations are often used by investors to decide whether to buy, sell, or hold a stock. It notes that media reports about brokerage-employed analysts changing ratings can affect a stock's price, but provides no company-specific rating action or market-moving data.