Targa Resources Corp (TRGP) saw a fluctuating market performance, with news of insider selling causing concern among investors. Despite achieving record Q1 2025 results, and robust projections, the price target was adjusted to $190 from $250. Despite missed analyst's estimates,
TRGP retains a positive outlook in the market due to record earnings, strategic growth in the Permian Basin, and future prospect driven by increased quarterly dividend and potential control of North Dakota assets. Scotiabank maintains a positive outlook, even as
TRGP saw a Q1 earnings miss, while RBC Capital and UBS also lower the price target. Billionaires like Louis Bacon foresee incredible upside, strengthening the momentum of
TRGP. Despite undercutting the earnings estimate, the energy company outpaced prediction five years ago and saw significant financial growth, leaving optimistic anticipation for the future.
Targa Resources Corp TRGP News Analytics from Wed, 07 Aug 2024 07:00:00 GMT to Fri, 16 May 2025 15:46:41 GMT -
Rating 2
- Innovation 4
- Information 5
- Rumor -2
