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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Read More on TRGP:
- Targa Resources price target raised to $218 from $213 at RBC Capital
- Targa Resources to acquire Stakeholder Midstream for $1.25B in cash
- Targa Resources price target raised to $213 from $208 at RBC Capital
- Targa Resources price target lowered to $198 from $199 at Scotiabank
- Targa Resources price target lowered to $188 from $189 at Goldman Sachs
