Targa Resources Corp (TRGP) has been performing impressively in the market with significant price surges. The stock rallied more than
100% in 2024 and is expected to continue this trajectory in 2025. With a record
third quarter in 2024 and expected
33% increase to its 2025 dividends, TRGP's stocks are being recommended as a 'Buy' by many analysts. JPMorgan Chase & Co. notably holds a $186.14 million stake in the company.
TRGP has also released a
sustainability report revealing the company's commitment towards eco-friendly practices. Despite a minor drop of 3.08% on Nov 25, TRGP's stock continues its impressive run, as indicated by its intrinsic value estimate being almost 30% above the current price. Another highlight includes the announcement of a $1.0 billion offering of senior notes. insiders, including CCO Robert Muraro and director Paul Chung, have sold some of their shares. Despite that, TRGP's
strong Q3 performance and robust growth forecasts make it a promising addition to infrastructure stock portfolios.
Targa Resources Corp TRGP News Analytics from Mon, 29 Jan 2024 08:00:00 GMT to Sat, 04 Jan 2025 21:10:27 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 1
