Analyst Ratings For Targa Resources
Portfolio Pulse from Benzinga Insights
Analysts have shown a positive shift in sentiment towards Targa Resources (NYSE:TRGP) over the last quarter, with all 10 analysts providing bullish ratings. The average 12-month price target has increased by 10.86% to $147.2. Despite strong revenue growth and return on equity, Targa faces challenges with net margin and debt management.
September 19, 2024 | 8:02 pm
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Targa Resources has received bullish ratings from all 10 analysts, with an increased average price target of $147.2, reflecting a 10.86% rise. The company shows strong revenue growth and return on equity but faces challenges with net margin and debt management.
The unanimous bullish ratings and increased price targets from analysts suggest a positive short-term outlook for Targa Resources. The company's strong revenue growth and return on equity are favorable, but challenges in net margin and debt management could temper enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100