Within the bio-tech market,
Targa Resources, Inc. (TRGP) has seen significant interest from various funds and institutions, with many buying and selling large quantities of the company's shares. Despite some sales,
New York Mellon Corp,
Truist Financial Corp, and
RBC Capital have called out their confidence in the company's growth prospects. In a big move, Targa recently launched the
Forza Pipeline to boost
Delaware Basin Growth and proceeded with major planned dividends, receiving attention from analysts and Oakmark alike. The company's
Return on Equity (ROE) of 64% has impressed many. Targa is not shying away from the future; they have announced new
Permian Investments and initiated a Buy rating. Additionally, Targa announced a
$1.25 billion acquisition of Stakeholder Midstream, aimed at enhancing Permian Basin Operations. Wall Street analysts seem bullish, particularly after a strong Q3 earnings report and planned dividend increase. Amidst several ups and downs, the company looks poised for steady growth, harnessing advisors' faith and resilience in its expansion.
Targa Resources Corp TRGP News Analytics from Thu, 01 May 2025 07:00:00 GMT to Sat, 31 Jan 2026 10:59:52 GMT -
Rating 8
- Innovation 3
- Information 9
- Rumor 3
