Analyst sentiment for Targa Resources (TRGP) has strengthened, with over 90% of analysts maintaining a bullish outlook and a consensus price target indicating a 3.60% upside. Morgan Stanley raised its price target to $266, citing strong energy sector performance, while Scotiabank increased its target to $224 due to tailwinds from LNG exports and growing power demand. Targa Resources, a midstream energy company, continues to benefit from its services supporting natural gas infrastructure.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Analyst Sentiment on Targa Resources (TRGP) Strengthens Following Recent Analyst Updates
Analyst sentiment for Targa Resources (TRGP) has strengthened, with over 90% of analysts maintaining a bullish outlook and a consensus price target indicating a 3.60% upside. Morgan Stanley raised its price target to $266, citing strong energy sector performance, while Scotiabank increased its target to $224 due to tailwinds from LNG exports and growing power demand. Targa Resources, a midstream energy company, continues to benefit from its services supporting natural gas infrastructure.