Analyst Sentiment on Targa Resources (TRGP) Strengthens Following Recent Analyst Updates

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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.

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