TRGP Maintains by Wells Fargo -- Price Target Raised to $324

gurufocus.com · 2026-09-02

Targa Resources (TRGP) Analyst Rating Update On October 03, 2023, Wells Fargo maintained its 'Overweight' rating on Targa Resources (TRGP) while raising the

TickrTrends take: Wells Fargo raised its price target for TRGP to $324, which provides a reference point for evaluating the stock against TickrTrends' current assessment of fair valuation. Given the analyst upgrade, investors focused on valuation metrics should monitor whether TRGP trades toward or away from this new target, as this could indicate shifting market expectations for the Energy sector company. The divergence between the new price target and current market pricing will be instructive for determining if fair value assumptions remain intact or require reassessment.

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