Targa Resources Corp. (TRGP) is showing strong market momentum with repeated share buybacks by big names like
Sequoia Financial Advisors LLC,
PNC Financial Services Group Inc and
New Mexico Educational Retirement Board, suggesting a positive market perception of the company. Several entities, like
Wealth Enhancement Advisory Services LLC and
Advisor Resource Council, have, however, reduced their shares in the company. There have also been considerable insider sales, with key figures like
Director REDD ERSHEL C JR and
Director Charles Crisp offloading shares. Nonetheless, the company have initiated significant
organizational changes and is set to partake in a
J.P. Morgan conference. The company's
Q1 2024 Earnings and
ROE have garnered significant attention and analysts indicate that the company's
stock target has increased due to the outlook’s strength. Noticeable is the initiation of a
Buy rating at Argus based on
project backlog and diversity, and
increased dividends. TRGP's strategic acquisitions, including buyouts of
Lucid Energy and
Blackstone's stake in a pipeline system, underscore their efforts to scale operations.
Targa Resources Corp TRGP News Analytics from Tue, 03 Nov 2015 08:00:00 GMT to Sun, 07 Jul 2024 12:18:09 GMT -
Rating 7
- Innovation 3
- Information 9
- Rumor -4
