Barclays Maintains Overweight on Targa Resources, Raises Price Target to $116
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Christine Cho maintains an Overweight rating on Targa Resources (TRGP) and raises the price target from $105 to $116.
March 19, 2024 | 5:36 pm
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Barclays maintains an Overweight rating on Targa Resources and raises the price target from $105 to $116.
The upgrade in the price target by Barclays, a major financial institution, indicates a strong bullish sentiment towards Targa Resources. This is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100