Truist raised the firm’s price target on Targa Resources to $150 from $125 and keeps a Buy rating on the shares. The company continues to benefit not only from the highest regional growth in the U.S., but also from having key assets in these strong areas, and its 2025 volumes should now see the same type if not higher growth than this year against previous expectation of some moderation, the analyst tells investors in a research note.
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