The Latest Breaking News from TRGP

Due to Targa Resources’ outperformance relative to the energy sector over the past year, Wall Street analysts maintain a bullish outlook on the stock’s prospects.

As Targa Resources outperformed relative to the broader market over the past year, Wall Street analysts remain bullish about the stock’s prospects.

As Targa Resources prepares to announce its third-quarter earnings next month, analysts predict a decline in profits, likely to be in the double digits.

Targa Resources (TRGP) reported mixed financial results in the second quarter of 2024. While the company’s long-term outlook appears bright with strategic investments and capacity expansion, it is trading at an elevated valuation and struggles with declining bottom line. So, should you buy or hold this stock? Read more to…