'Targa Resources Corp.' (TRGP) recently witnessed a slew of activities by many investment groups, showing mixed sentiment. Some organizations like Versor Investments, Mitsubishi UFJ and TimesSquare Capital have bought new positions or increased their current holdings, while others like the KBC Group, Prospera Financial Services, and Acadian Asset Management reduced their stake. TRGP's decision to launch the Forza Pipeline and renewed Permian investments offer optimistic prospects for Delaware Basin growth. The company's share prices fluctuated, with notable institutions like Goldman Sachs and Scotiabank adjusting their price targets amid market volatility. Morgan Stanley increased TRGP's target to $261 while Scotiabank lowered it to $198. TRGP achieved significant EBITDA growth in Q3 2025 and announced share repurchase and dividend increase plans. Their margin enhancement despite slower growth adds to their profit narrative. However, they fell short of analyst revenue estimates by 9%, leading to revisions of valuation models. Despite recent losses, Wall Street analysts remain bullish due to the strength of their Q3 report and proposed dividend hike.",
Targa Resources Corp TRGP News Analytics from Sat, 04 Jan 2025 08:00:00 GMT to Sat, 15 Nov 2025 13:41:29 GMT -
Rating 4
- Innovation 3
- Information 6
- Rumor -2
