Morgan Stanley Maintains Overweight on Targa Resources, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Overweight rating on Targa Resources (NYSE:TRGP) and raised the price target from $134 to $140.
June 10, 2024 | 1:02 pm
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Morgan Stanley has maintained an Overweight rating on Targa Resources and increased the price target from $134 to $140, indicating a positive outlook.
The increase in the price target from $134 to $140 by Morgan Stanley, along with the maintained Overweight rating, suggests a positive short-term outlook for Targa Resources. This is likely to boost investor confidence and potentially drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100