Targa Resources Corp TRGP has seen a mixed bag of news recently. The company has experienced strong technical performance, yet mixed analyst sentiment seems prevalent. High performance as compared to industry peers brings optimism, whilst the adjustment of price target at Argus indicates caution. P/E ratio is reportedly on mark, inferring fair valuation. Q2 earnings preview is underway with high expectations. A receivables agreement extension and an addition to Catalyst Capital Advisors' portfolio contribute positively. Dividends are returning results with an upswing rally; yet the company's stock seems to be underperforming. Stronger growth indicators are emerging, and TRGP's projected price target increased from $191 to $205 at RBC Capital. Investors who poured in five years ago have amassed a significant 501% gain. Dual senior notes offering of $1.5B at lower interest rates reveal a decent financial approach. Q1 result and ensuing cloud of analyst forecasts hover around the expected range. Other points of interest include a debt offering of $2B, ensuing control over North Dakota assets, and a record of Q1 2025 result. All these portray the current market scenario of Targa Resources Corp.
Targa Resources Corp TRGP News Analytics from Thu, 21 Apr 2022 07:00:00 GMT to Sat, 02 Aug 2025 21:53:21 GMT -
Rating 5
- Innovation 5
- Information 8
- Rumor 7
