Significant investment activity surrounds
Targa Resources Corp. TRGP. The company's increased holdings by various financial institutions, including
Wilmington Savings Fund Society FSB and
Mill Creek Capital Advisors LLC further solidify its position in the market. The stock experienced a substantial 501% growth in the past five years, and a proposed
33% dividend hike for Q1 2025 indicates future growth. Star players like Jim Cramer from CNBC acknowledge TRGP's ability to rebuild its dividend. However, there are ongoing sales activities from shareholders such as
Entropy Technologies LP and
Retirement Systems of Alabama. Furthermore, the company's midstream giant's stock is poised for growth, as stated in a SWOT analysis. The stock's recent high of $210, despite notable dips, conveys robust market momentum, while research companies like RBC Capital adjusting price targets upwards suggest anticipated growth. Despite this, perceived financial risks include TRGP's high debt and potential bearish signals from insiders disposing stock.
Targa Resources Corp TRGP News Analytics from Fri, 04 Sep 2020 23:15:18 GMT to Sat, 15 Feb 2025 05:05:32 GMT -
Rating 8
- Innovation 2
- Information 6
- Rumor 5
