Barclays Maintains Overweight on Targa Resources, Raises Price Target to $138
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Christine Cho maintains an Overweight rating on Targa Resources (NYSE:TRGP) and raises the price target from $123 to $138.

July 05, 2024 | 2:58 pm
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POSITIVE IMPACT
Barclays analyst Christine Cho maintains an Overweight rating on Targa Resources and raises the price target from $123 to $138.
The raised price target and maintained Overweight rating from a reputable analyst at Barclays is likely to positively impact Targa Resources' stock price in the short term. Investors often view such updates as a strong signal of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100