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BMO Capital Adjusts PT on Targa Resources to $271 From $241, Maintains Outperform Rating
BMO Capital has raised its price target for Targa Resources from $241 to $271, while reiterating an “Outperform” rating on the stock. This adjustment reflects a positive outlook for the company’s financial performance. Targa Resources is a midstream services provider in North America, with segments focused on gathering and processing, and logistics and transportation of natural gas and natural gas liquids.