Barclays Maintains Overweight on Targa Resources, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen has maintained an Overweight rating on Targa Resources (NYSE:TRGP) and increased the price target from $94 to $105.
January 17, 2024 | 11:41 am
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Barclays analyst Theresa Chen maintains an Overweight rating on Targa Resources and raises the price target from $94 to $105.
The increase in price target by Barclays reflects a positive outlook on Targa Resources, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in the stock price, as market participants often react to analyst upgrades and revised price targets.
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