Truist analyst Neal Dingmann raised the firm’s price target on Targa Resources to $90 from $85 and keeps a Buy rating on the shares. The company’s strong growth is expected to continue, fueled by ramping organic G&P and L&M activity along with several projects in both segments that should particularly provide a boost to results in the second half of 2023 and 2024, the analyst tells investors in a research note.
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