JPMorgan analyst Jeremy Tonet raised the firm’s price target on Targa Resources (TRGP) to $215 from $214 and keeps an Overweight rating on the shares as part of a Q3 earnings preview. The firm believes the company’s second half of 2025 momentum is materializing.
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Read More on TRGP:
- Targa Resources: Strategic Growth Amid Permian Challenges and ExxonMobil Partnership
- Targa Resources announces Permian Basin growth projects
- Targa Resources: A Buy Rating Backed by Growth Potential, Valuation Discount, and Robust Asset Portfolio
- Targa Resources initiated with an Outperform at BMO Capital
- Targa Resources price target lowered to $200 from $220 at BofA
