5 Analysts Have This to Say About Targa Resources
Portfolio Pulse from Benzinga Insights
Targa Resources (NYSE:TRGP) has received positive analyst ratings in the last quarter, with 4 bullish and 1 somewhat bullish ratings out of 5 total. The average 12-month price target for TRGP is $102.8, which is up 3.06% from the previous target of $99.75. The high target is $109.00 and the low target is $94.00. Analyst ratings are opinions on stock performance and are updated quarterly.
December 14, 2023 | 8:00 pm
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Targa Resources has received predominantly bullish ratings from analysts, with an updated average price target of $102.8, suggesting a positive outlook.
The positive analyst ratings and the increase in the average price target indicate a strong bullish sentiment, which is likely to have a favorable impact on TRGP's stock price in the short term. Analyst ratings can influence market perception and investor behavior, potentially leading to a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100