In a slew of events, Targa Resources Corp. (TRGP) has been a significant player within the energy market. The midstream giant has increased dividends by 33%, now providing $4 a year. Regularly hitting new trading heights, TRGP recently garnered interest due to share values escalating by 3.31%. With a potential inherent value estimate of about 29% more than the current stock market price, some investors label TRGP as a growth opportunity. Surpassing a 5-year gain of 501%, value ascensions have consistently been noted - an 8.2% increase turning heads. However, insider selling worth $74 million was observed, possibly indicating a note of caution. Despite miss estimates in Q4 earnings, revenues have shown a Year-over-Year increase. Pembroke Continuity bolstering Targa's growth. Reports show an all-time high for Targa shares, peaking at $210, however, with recent adjustments from Wolfe Research, the new target stands at $200. Significant gains have been observed despite revenue falling short of street expectations. A senior notes of $2 billion, a key benchmark, and a partnership with WPC reaffirm confidence in this energy firm.
Targa Resources Corp TRGP News Analytics from Mon, 15 May 2017 07:00:00 GMT to Sat, 26 Apr 2025 01:31:51 GMT - Rating 8 - Innovation 6 - Rumor 3
