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Targa Resources price target raised to $225 from $175 at Truist

Truist raised the firm’s price target on Targa Resources (TRGP) to $225 from $175 and keeps a Buy rating on the shares. The company continues to fire on all cylinders driving toward a material 2025 free cash flow generation inflection point, with free cash flow next year potentially as much as 10-times more than this year, the analyst tells investors in a research note.

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