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Targa Resources (TRGP) PT Raised to $67 at UBS After Asset Sale to Blackstone Related Funds

February 19, 2019 9:43 AM EST
Get Alerts TRGP Hot Sheet
Price: $268.72 --0%

Rating Summary:
    22 Buy, 10 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 1 | Down: 4 | New: 14
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UBS analyst Shneur Z. Gershuni raised the price target on Targa Resources (NYSE: TRGP) to $67.00 (from $64.00) while maintaining a Buy rating.

As a reminder, TRGP has announced today morning before the market open that the company has sold 45 percent interest in Bakken assets for $1.6 billion to Blackstone related funds.



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Analyst Comments, Analyst PT Change, Mergers and Acquisitions

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UBS, Bakken Formation