Goldman Sachs Maintains Buy on Targa Resources, Raises Price Target to $117
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst John Mackay has maintained a Buy rating on Targa Resources (NYSE:TRGP) and increased the price target from $105 to $117.
April 04, 2024 | 4:02 pm
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Goldman Sachs maintains a Buy rating on Targa Resources and raises the price target from $105 to $117.
The upgrade in price target by a reputable analyst like Goldman Sachs typically signals a strong bullish outlook on the stock, suggesting potential upside. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100