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Stock impact report

Goldman Sachs Raises its Price Target on Targa Resources Corp. (TRGP) to $242 and Maintains a Buy Rating [Yahoo! Finance]

Targa Resources, Inc. (TRGP) 
US:NYSE Investor Relations: ir.targaresources.com/trc/events.cfm
Company Research Source: Yahoo! Finance
Targa Resources Corp. (NYSE: TRGP is among the 10 High Growth S&P 500 Stocks to Buy Now Goldman Sachs Raises its Price Target on Targa Resources Corp. (TRGP) to $242 and Maintains a Buy Rating Goldman Sachs, on February 20, 2026, raised its price target on Targa Resources Corp. (NYSE:TRGP) to $242 from $196 and maintained a Buy rating following Q4 results. The firm said the quarter came in better than expected, driven by strong downstream NGL margins, though Permian gathering and processing volumes were flatter. Goldman Sachs added that the medium- to long-term growth message was constructive, highlighting plans for three processing plants per year in the Permian. That same day, Barclays increased its price target to $226 from $191 and kept an Overweight rating after updating its model to reflect the Q4 report. Barclays said Targa's long-term fundamentals remain on an improving trajectory. On February 19, 2026, Targa reported Q4 revenue of $4.06B versus $4.14B consensus and a Show less Read more
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