Scotiabank raised the firm’s price target on Targa Resources (TRGP) to $199 from $198 and keeps an Outperform rating on the shares. The firm reiterates Targa Resources as a Top Pick in the U.S. Midstream sector, seeing potential for better-than-expected y/y growth volumes, the analyst tells investors. Overall, the firm sees Targa Resources as best positioned for relative success.
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