Targa Resources Corp (TRGP) has been experiencing a flurry of financial activities recently. Director
Ershele C JR has offloaded 3,000 shares amidst other rounds of
insider selling amounting to over $342k. This selling activity has been mirrored by significant buying, with
Natixis Advisors L.P. purchasing over 12k shares and
Massachusetts Financial Services Co. MA also acquiring an undisclosed number of shares. Other notable transactions include the purchase of 1613 shares by Victory Capital Management Inc. and Charles Schwab Investment Management Inc. acquiring 29,689 shares, highlighting continued movement both in and out of the stock. In addition to this, TRGP has shown signs of positive financial performance; generating steady increases in stock price, Q4 and Q1 earnings, misses estimates, and the news of its dividend increasing to $0.75. Analysts from various firms, including Royal Bank of Canada, have increased their price target to $128.00, predicting a possible upside in the company's financial future. However, concerns surrounding the company's debt management continue to shadow its growth trajectory but strong returns of 217% over the past three years, indicate a solid foundation for continual growth.
Targa Resources Corp TRGP News Analytics from Fri, 10 Oct 2014 07:00:00 GMT to Thu, 16 May 2024 18:27:12 GMT -
Rating 5
- Innovation -3
- Information 7
- Rumor -5
