Targa Resources price target raised to $262 from $200 at Citi

Citi expert Spiro Dounis raised the firm’s price target connected Targa Resources (TRGP) to $262 from $200 and keeps a Buy standing connected the shares. The steadfast applies a higher aggregate to bespeak accelerated maturation successful 2027 and aboriginal aft the institution pointed to $4.5B of 2026 maturation capex, which Citi says is implicit $1B higher than expected.

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