Targa Resources Corp.’s Stock Price Skyrockets to $182.37, Marking a Significant 3.38% Uptick

Targa Resources Corp. (TRGP)

182.37 USD +5.96 (+3.38%) Volume: 2.0M

Explore Targa Resources Corp.’s stock price performance, currently standing at 182.37 USD, demonstrating a positive trading session with a surge of +3.38%. Despite a slight dip of -1.17% YTD, the robust trading volume of 2.0M showcases the stock’s potential for robust returns. Stay updated on TRGP’s stock market journey.

Latest developments on Targa Resources Corp.

Targa Resources (TRGP) has been making headlines recently with key events influencing its stock price movements. Oak Thistle LLC recently acquired 11,765 shares in Targa Resources, Inc., indicating confidence in the company’s future prospects. Additionally, Scotiabank raised Targa Resources‘ price target to $199 from $198, maintaining a sector outperform rating. Targa’s strategic move to acquire a Permian gathering and processing system further solidifies its position in the market. Investors are now assessing the company’s valuation after a recent share price pullback, eager to see how these developments will impact Targa Resources moving forward.

Targa Resources Corp. on Smartkarma

Analysts at Baptista Research on Smartkarma have published bullish research reports on Targa Resources. In one report titled “Targa Resources Bets $1.25 Billion On Permian Takeover—Will It Pay Off?”, the analysts highlight the company’s strong performance in the third quarter of 2025, citing record adjusted EBITDA and growth in NGL and natural gas volumes driven by increased activity in the Permian Basin. This positions Targa to potentially meet its annual guidance for 2025. Another report by Baptista Research titled “Can Targa Resources Finally Build A Competitive Edge With Largest Sour Gas Treating Capacity!” praises the company’s robust performance in the second quarter of 2025, emphasizing strong execution, operational efficiency, and strategic positioning in key production areas.

A look at Targa Resources Corp. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Targa Resources shows strong potential for growth and momentum in the long term. With a high score in Growth and Momentum, the company is positioned well to expand its operations and increase its market presence. This indicates that Targa Resources may experience positive performance and development in the coming years.

Although Targa Resources has average scores in Value, Dividend, and Resilience, its high scores in Growth and Momentum suggest a promising outlook. The company’s focus on midstream natural gas and natural gas liquid services, along with its various operations in gathering, processing, and selling natural gas, positions it for future success and sustainability in the industry.

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