Barclays lowered the firm’s price target on Targa Resources (TRGP) to $178 from $206 and keeps an Overweight rating on the shares. The firm adjusted estimates in midstream and refining to reflect updated commodities information and other updated company-specific assumptions.
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Read More on TRGP:
- Targa Resources price target lowered to $190 from $250 at Argus
- Targa Resources price target lowered to $228 from $259 at UBS
- Targa Resources: Buy Rating Affirmed Amid Growth Potential and Strategic Capital Management
- Targa Resources price target lowered to $197 from $227 at Citi
- Targa Resources added to Analyst Current Favorites list at Raymond James