Morgan Stanley Maintains Overweight on Targa Resources, Raises Price Target to $202
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Robert Kad has maintained an Overweight rating on Targa Resources (NYSE:TRGP) and raised the price target from $173 to $202.
October 25, 2024 | 11:42 am
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Morgan Stanley has reaffirmed its Overweight rating on Targa Resources and increased the price target from $173 to $202, indicating a positive outlook.
The increase in price target from $173 to $202 by Morgan Stanley suggests a positive outlook for Targa Resources, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100