TD Cowen Increases Targa Resources (NYSE:TRGP) Price Target to $220.00

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TD Cowen has raised its price target for Targa Resources (NYSE:TRGP) from $192.00 to $220.00, while maintaining a “hold” rating, suggesting a potential downside of 4.75% from its last closing price. Several other analysts also have “outperform” or “overweight” ratings with price objectives ranging up to $266.00. The pipeline company recently reported strong quarterly earnings, exceeding analyst estimates, and has seen notable insider and institutional trading activity.

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