Center Coast MLP & Infrastructure Fund (CEN) Statement on Hurricane Harvey

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Targa Resources (TRGP) PT Lowered to $49 at Jefferies

September 1, 2017 8:21 AM EDT

Jefferies lowered its price target on Targa Resources (NYSE: TRGP) to $49.00 (from $50.00) while maintaining a Buy rating. TRGP lifted planned 2017 growth spend to $1.375B, from $1.210B, ~$60mm of which is attributable to additional Permian gathering capex; Midland and Delaware infrastructure spend is now expected to... More