Targa Resources Corp. (TRGP) is experiencing notable changes in its stocks. The company's shares have been bought by multiple organizations including PNC Financial Services Group Inc., RFG Advisory LLC, and Nomura Holdings Inc. It was seen that EPS growth presents an opportunity for the company, and it boasts a strong ROE of 30%. Various firms, such as Wedmont Private Capital, are seen increasing their stakes in the company. However, the company recorded insider sales by Director REDD ERSHEL C JR and Chief Commercial Officer Robert Muraro. Its dividend is increased to $0.75. Multiple institutions have raised their price target for Targa Resources, and Morgan Stanley set it to $140.00. Nonetheless, bearish signals were pointed out as insiders were seen disposing off stocks and some companies have been observed selling the shares.
Targa Resources Corp TRGP News Analytics from Mon, 17 Jul 2023 07:00:00 GMT to Sun, 23 Jun 2024 13:40:27 GMT -
Rating 7
- Innovation -4
- Information 9
- Rumor 6