RBC Capital Maintains Outperform on Targa Resources, Raises Price Target to $109
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Elvira Scotto maintains an Outperform rating on Targa Resources (NYSE:TRGP) and raises the price target from $106 to $109.
February 26, 2024 | 3:53 pm
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POSITIVE IMPACT
RBC Capital analyst Elvira Scotto maintains an Outperform rating on Targa Resources and raises the price target from $106 to $109.
The maintenance of an Outperform rating combined with an increase in the price target by a reputable analyst like Elvira Scotto suggests a positive outlook for Targa Resources. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100