Multiple updates have taken place recently regarding Targa Resources Corp (TRGP). Notably, the organization reports record third-quarter 2024 results and announces a 33% year-over-year increase to its 2025 common dividend. Major financial entities like Principal Financial Group Inc. and Wellington Management Group LLP increased their stakes in TRGP. The company's stock saw a significant surge, reaching an all-time high of $170.36. Multiple institutions, including Goldman Sachs and Wells Fargo & Company, have acknowledged the high consensus ROE and given new raised price targets respectably.
Additionally, TRGP has released its sustainability report, aligning with increasing market emphasis on environmental, social, and governance (ESG) factors. Targa Resources Corp also announced record Q3 2024 earnings growth and continues to show strong financial performance. However, despite reporting strong Q3 profit, its revenue seems to be slightly down.
Targa Resources Corp TRGP News Analytics from Thu, 15 Feb 2024 08:00:00 GMT to Sat, 09 Nov 2024 09:35:23 GMT - Rating 8 - Innovation 2 - Information 7 - Rumor -6
