Latest TRGP news and sentiment

Ninepoint Partners LP Makes New $2.16 Million Investment in Targa Resources, Inc. $TRGP

Ninepoint Partners LP has acquired a new stake of 8,055 shares in Targa Resources, Inc., valued at approximately $2.16 million during the second quarter. This investment is part of broader institutional interest, with 92.13% of the company's stock owned by institutional investors. Targa Resources maintains a consensus "Buy" rating from analysts with an average price target of $297.18, following strong quarterly earnings where EPS beat estimates.

Wealthfront Advisers LLC Has $7.67 Million Stock Position in Targa Resources, Inc. $TRGP

Wealthfront Advisers LLC significantly increased its stake in Targa Resources, Inc. (NYSE:TRGP) by 18.2% in the second quarter, bringing its total holdings to 28,600 shares valued at $7.67 million. Institutional investors and hedge funds now collectively own 92.13% of TRGP. The pipeline company recently reported strong quarterly earnings of $3.54 per share, surpassing analyst expectations, and maintains a "Buy" rating with an average price target of $297.18 from analysts.

Targa Resources (TRGP) Stock Sees Modest Fair Value Lift After Bullish Analyst Revisions

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. The analyst fair value estimate for Targa Resources has nudged higher, moving from US$297.29 to US$303.52. Recent Street research has leaned positive on Targa Resources, with higher price targets and fresh coverage tied to views on Permian growth, EBITDA prospects, and current valuation. As you read on, you will see how to track this evolving narrative and what it could mean for your own investment decisions regarding the stock. Stay updated as the Fair

Targa Resources' Stock Near 52-Week High: Time to Lock in Gains?

Targa Resources (TRGP) stock is trading near its 52-week high after an 85.2% surge over the past year, outperforming its industry and peers, driven by strong demand for its Permian and Gulf Coast midstream network and a long-term agreement with ExxonMobil. While the company has compelling long-term growth prospects, including positive 2026 earnings estimates and major growth projects, investors should consider risks such as high growth capital spending, potential moderation of marketing gains, and commodity price exposure. The stock also trades at a premium valuation, suggesting that current investors might hold while new investors may seek a more attractive entry point.

TARGA RESOURCES CORP. : JP MORGAN RAISES TARGET PRICE TO $351 FROM $315

JP Morgan has increased its target price for Targa Resources Corp. (TRGP.N) to $351 from $315. This update was reported by Reuters on August 19, 2026. The article advises readers that its content reflects the author's opinion and is not investment advice.

Targa Resources (TRGP) Could Be 7% Undervalued Following New ExxonMobil Contracts

Targa Resources (TRGP) has secured new long-term, fee-based agreements with ExxonMobil subsidiaries in the Permian Basin, including 20-year acreage and NGL dedications. This news comes as TRGP's share price has seen strong growth, with a year-to-date return of 48.81% and a one-year total shareholder return of 76.29%. While a common narrative suggests the stock is 6.5% undervalued with a fair value of $297, a discounted cash flow (DCF) model by Simply Wall St indicates a much higher fair value of $562.59 per share, suggesting the stock is significantly undervalued.

Empirical Asset Management LLC Invests $1.03 Million in Targa Resources, Inc. $TRGP

Empirical Asset Management LLC has acquired a new stake in Targa Resources, Inc. (NYSE:TRGP), purchasing 3,853 shares valued at approximately $1.03 million during the second quarter. This move comes as other institutional investors have also adjusted their holdings in the pipeline company, which recently reported strong quarterly earnings of $3.54 per share, surpassing analyst estimates. Targa Resources also announced a quarterly dividend of $1.25 per share and has a consensus "Buy" rating from analysts with an average price target of $297.18.

Targa Resources stock hits all-time high at 293.03 USD By Investing.com

Targa Resources Inc. (TRGP) has reached an all-time high of $293.03, currently trading at $295.73 with a market capitalization of $59.6 billion, reflecting a 76% increase in stock price over the past year. Despite being considered overvalued by InvestingPro analysis, the company has shown strong growth, high returns, and has consistently raised its dividend for four consecutive years. Recent Q2 2026 financial results include adjusted EPS of $2.81, beating estimates, and a record adjusted EBITDA of $1.603 billion, leading Raymond James to raise its price target to $335 with a Strong Buy rating.

Targa Resources Stock Surges 66.6% in a Year — Wall Street's Bull vs. Bear Debate Intensifies - Earnings Weakness Phase

TRGP Maintained by Jefferies -- Price Target Raised to $345

Jefferies has maintained a "Buy" rating for Targa Resources (TRGP) and increased its price target from $324.00 to $345.00. Despite this positive analyst outlook, GuruFocus assesses TRGP as 68.0% overvalued at its current price of $297.69, with a GF Value™ of $177.22. The company has a GF Score™ of 67/100, showing strong profitability but a lower valuation rank, suggesting caution for investors.

Targa Resources Corp. stock outperforms competitors on strong trading day

Targa Resources Corp. (TRGP) saw its stock price rise by 7.13% to $297.77 on Tuesday, a day when the broader market indices, the S&P 500 and Dow Jones Industrial Average, experienced declines. This marks the third consecutive day of gains for Targa Resources Corp., demonstrating strong performance against market trends.

Capital One Adjusts Price Target on Targa Resources to $310 From $305, Maintains Overweight Rating

Capital One has increased its price target for Targa Resources (TRGP) to $310 from $305, while reiterating an Overweight rating on the stock. This adjustment comes amidst other analyst actions, with Jefferies and Goldman Sachs also recently raising their price targets for the company. Targa Resources is a North American midstream services provider, operating in natural gas gathering and processing, and liquids transportation and storage.

Jefferies Adjusts Price Target on Targa Resources to $345 From $324, Keeps Buy Rating

Jefferies has increased its price target for Targa Resources (TRGP) to $345 from $324, while maintaining a "Buy" rating on the stock. This adjustment reflects a positive outlook from the analyst firm for the midstream services provider. The article also mentions other recent analyst price target changes and Targa's recent long-term agreements with ExxonMobil and plans for new Permian gas plants.

Deutsche Bank AG Raises Stock Holdings in Targa Resources, Inc. $TRGP