RBC Capital Maintains Outperform on Targa Resources, Raises Price Target to $172
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Elvira Scotto has maintained an 'Outperform' rating on Targa Resources (NYSE:TRGP) and raised the price target from $153 to $172.
October 16, 2024 | 5:11 pm
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RBC Capital has reaffirmed its 'Outperform' rating for Targa Resources and increased the price target to $172, indicating confidence in the company's future performance.
The increase in price target from $153 to $172 by RBC Capital suggests a positive outlook on Targa Resources' future performance. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which could lead to increased investor interest and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100