Targa Resources Corp. (TRGP) has been undergoing significant transformations and developments. They initiated the
Forza pipeline to enhance Delaware Basin growth and have announced a
quarterly cash dividend of $1.00 for Q3 2025, displaying a level of financial stability. It's been reported that a myriad of investment firms like Nisa Investment Advisors, Jennison Associates, ELCO Management, and Retirement Systems of Alabama, among others, have sold or grown their investments in TRGP stock. The company's stock has soared, being upgraded to 'buy' status, but it has also hit new 52-week lows, suggesting a volatile stock performance. Their commitment to growth and sustainability is evident in the company's declared investments in the Permian, new pipeline construction, and the issuing of a comprehensive sustainability report aligning with GRI standards. With these developments and predicting lower earnings, the question arises whether the growth potential of Targa Resources Corp. is credible. On the flip side, the company has received a consensus rating of 'moderate buy' by brokerages and experts.
Targa Resources Corp TRGP News Analytics from Sat, 04 Jan 2025 08:00:00 GMT to Sat, 01 Nov 2025 11:01:35 GMT -
Rating -5
- Innovation 0
- Information 6
- Rumor -8
