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.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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