Targa Resources (TRGP) PT Raised to $145 at JPMorgan, 'underappreciated growth outlook'

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Go back to Targa Resources (TRGP) PT Raised to $145 at JPMorgan, 'underappreciated growth outlook'

UBS Reiterates Buy Rating on Targa Resources (TRGP)

July 1, 2024 3:20 PM EDT

UBS analyst Shneur Gershuni reiterated a Buy rating and $147.00 price target on Targa Resources (NYSE: TRGP).

The analyst comments "We slightly adjust 2Q24 EBITDA estimate to $936MM from $931MM to account for strong volume growth in the Permian basin that drives upside... More