Targa to Build NGL Pipeline from Permian Basin to Mont Belvieu, Texas

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Targa Resources (TRGP) PT Lowered to $65 at UBS Following Announced NGL Pipeline

May 26, 2017 9:14 AM EDT

UBS lowered its price target on Targa Resources (NYSE: TRGP) to $65.00 (from $68.00) while maintaining a Buy rating following the company's announced new NGL pipeline. The announcement wasnt a surprise as after the merger with Atlas, TRGP discussed plans to connect its Permian... More