Truist Securities Maintains Buy on Targa Resources, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on Targa Resources (TRGP) and increases the price target from $105 to $120.
March 20, 2024 | 12:49 pm
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POSITIVE IMPACT
Truist Securities reaffirms a Buy rating on Targa Resources and raises the price target to $120.
The increase in the price target by Truist Securities reflects a positive outlook on Targa Resources, likely due to strong performance or favorable market conditions. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100