Goldman Sachs Maintains Buy on Targa Resources, Raises Price Target to $163
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 $147 to $163.
September 19, 2024 | 5:08 pm
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POSITIVE IMPACT
Goldman Sachs has reaffirmed its Buy rating on Targa Resources and increased the price target from $147 to $163, indicating a positive outlook.
The increase in price target from $147 to $163 by a reputable firm like Goldman Sachs suggests a strong positive outlook for Targa Resources. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100