Targa Resources Stockholders Re-Elect Directors at Annual Meeting

The latest update is out from Targa Resources ( (TRGP) ).

At Targa Resources Corp.’s 2025 Annual Meeting of Stockholders held on May 20, 2025, stockholders voted on several key proposals. Four Class III Directors were re-elected to the Board for terms expiring in 2028, PricewaterhouseCoopers LLP was ratified as the company’s independent auditors for 2025, and the compensation of the company’s named executive officers for the fiscal year 2024 was approved on an advisory basis.

The most recent analyst rating on (TRGP) stock is a Hold with a $208.00 price target. To see the full list of analyst forecasts on Targa Resources stock, see the TRGP Stock Forecast page.

Spark’s Take on TRGP Stock

According to Spark, TipRanks’ AI Analyst, TRGP is a Outperform.

Targa Resources’ overall stock score reflects strong financial performance and a positive earnings outlook, bolstered by significant corporate actions. However, technical indicators suggest caution in the short term, and a high valuation poses some risk. Continued focus on leverage reduction and operational efficiency will be key to sustaining growth.

To see Spark’s full report on TRGP stock, click here.

More about Targa Resources

Targa Resources Corp. operates in the energy sector, focusing on the midstream natural gas and natural gas liquids industry. The company provides services related to gathering, processing, storing, and transporting natural gas and natural gas liquids.

Average Trading Volume: 2,276,290

Technical Sentiment Signal: Buy

Current Market Cap: $35.71B

Find detailed analytics on TRGP stock on TipRanks’ Stock Analysis page.