Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Comments
Loading...
Targa Resources Analyst Ratings and Price Targets | NYSE:TRGP | Benzinga
Targa Resources Corp has a consensus price target of $195 based on the ratings of 20 analysts. The high is $246 issued by UBS on November 15, 2024. The low is $100 issued by Raymond James on April 21, 2023. The 3 most-recent analyst ratings were released by Barclays, Truist Securities, and Morgan Stanley on March 21, 2025, March 18, 2025, and March 17, 2025, respectively. With an average price target of $230 between Barclays, Truist Securities, and Morgan Stanley, there's an implied 12.18% upside for Targa Resources Corp from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Barclays
Truist Securities
Morgan Stanley
Scotiabank
RBC Capital
1calculated from analyst ratings
Analyst Ratings for Targa Resources
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 03/21/2025 | Buy Now | 2.92% | Barclays | Theresa Chen77% | $204 → $211 | Maintains | Overweight | Get Alert |
| 03/18/2025 | Buy Now | 14.62% | Truist Securities | Neal Dingmann65% | $220 → $235 | Maintains | Buy | Get Alert |
| 03/17/2025 | Buy Now | 19.01% | Morgan Stanley | Robert Kad77% | $202 → $244 | Maintains | Overweight | Get Alert |
| 03/06/2025 | Buy Now | 2.43% | Scotiabank | Brandon Bingham46% | $218 → $210 | Maintains | Sector Outperform | Get Alert |
| 03/03/2025 | Buy Now | 7.79% | RBC Capital | Elvira Scotto48% | $220 → $221 | Maintains | Outperform | Get Alert |
| 02/25/2025 | Buy Now | 10.72% | Citigroup | Spiro Dounis79% | $218 → $227 | Maintains | Buy | Get Alert |
| 02/21/2025 | Buy Now | 7.31% | Wells Fargo | Michael Blum68% | $204 → $220 | Maintains | Overweight | Get Alert |
| 02/20/2025 | Buy Now | 10.23% | Mizuho | Gabriel Moreen77% | $208 → $226 | Maintains | Outperform | Get Alert |
| 01/13/2025 | Buy Now | -0.5% | Barclays | Christine Cho49% | $171 → $204 | Maintains | Overweight | Get Alert |
| 01/10/2025 | Buy Now | 6.33% | Scotiabank | Holly Stewart65% | → $218 | Initiates | → Sector Outperform | Get Alert |
| 12/19/2024 | Buy Now | 8.77% | Goldman Sachs | John Mackay75% | $185 → $223 | Maintains | Buy | Get Alert |
| 12/18/2024 | Buy Now | -0.5% | Wells Fargo | Michael Blum68% | $190 → $204 | Maintains | Overweight | Get Alert |
| 12/13/2024 | Buy Now | 7.31% | Truist Securities | Neal Dingmann65% | $225 → $220 | Maintains | Buy | Get Alert |
| 11/20/2024 | Buy Now | 9.26% | Stifel | Selman Akyol72% | $190 → $224 | Maintains | Buy | Get Alert |
| 11/15/2024 | Buy Now | 19.99% | UBS | Shneur Gershuni82% | $182 → $246 | Maintains | Buy | Get Alert |
| 11/15/2024 | Buy Now | 9.75% | Truist Securities | Neal Dingmann65% | $175 → $225 | Maintains | Buy | Get Alert |
| 11/11/2024 | Buy Now | -2.94% | RBC Capital | Elvira Scotto48% | $172 → $199 | Maintains | Outperform | Get Alert |
| 11/06/2024 | Buy Now | -7.33% | Wells Fargo | Michael Blum68% | $153 → $190 | Maintains | Overweight | Get Alert |
| 11/05/2024 | Buy Now | -14.64% | Truist Securities | Neal Dingmann65% | $150 → $175 | Maintains | Buy | Get Alert |
| 10/29/2024 | Buy Now | -15.13% | Seaport Global | Sunil Sibal75% | $141 → $174 | Maintains | Buy | Get Alert |
| 10/25/2024 | Buy Now | -1.47% | Morgan Stanley | Robert Kad77% | $173 → $202 | Maintains | Overweight | Get Alert |
| 10/17/2024 | Buy Now | -11.23% | B of A Securities | Jean Ann Salisbury59% | → $182 | Reinstates | → Buy | Get Alert |
| 10/16/2024 | Buy Now | -16.11% | RBC Capital | Elvira Scotto48% | $153 → $172 | Maintains | Outperform | Get Alert |
| 10/15/2024 | Buy Now | -16.59% | Barclays | Christine Cho49% | $155 → $171 | Maintains | Overweight | Get Alert |
| 09/19/2024 | Buy Now | -20.5% | Goldman Sachs | John Mackay75% | $147 → $163 | Maintains | Buy | Get Alert |
| 08/13/2024 | Buy Now | -25.37% | RBC Capital | Elvira Scotto48% | $147 → $153 | Maintains | Outperform | Get Alert |
| 08/05/2024 | Buy Now | -26.84% | Truist Securities | Neal Dingmann65% | $125 → $150 | Maintains | Buy | Get Alert |
| 08/05/2024 | Buy Now | -25.37% | Wells Fargo | Michael Blum68% | $124 → $153 | Maintains | Overweight | Get Alert |
| 08/02/2024 | Buy Now | -28.3% | Goldman Sachs | John Mackay75% | $132 → $147 | Maintains | Buy | Get Alert |
| 07/30/2024 | Buy Now | -31.23% | Seaport Global | Sunil Sibal75% | $129 → $141 | Maintains | Buy | Get Alert |
| 07/17/2024 | Buy Now | -30.74% | Scotiabank | Tristan Richardson46% | $128 → $142 | Maintains | Sector Outperform | Get Alert |
| 07/03/2024 | Buy Now | -32.69% | Barclays | Christine Cho49% | $123 → $138 | Maintains | Overweight | Get Alert |
| 07/02/2024 | Buy Now | -29.28% | JP Morgan | Jeremy Tonet66% | $140 → $145 | Maintains | Overweight | Get Alert |
| 06/26/2024 | Buy Now | -31.71% | Argus Research | John Staszak68% | → $140 | Initiates | → Buy | Get Alert |
| 06/11/2024 | Buy Now | -28.3% | UBS | Shneur Gershuni82% | $116 → $147 | Maintains | Buy | Get Alert |
| 06/10/2024 | Buy Now | -31.71% | Morgan Stanley | Robert Kad77% | $134 → $140 | Maintains | Overweight | Get Alert |
| 06/10/2024 | Buy Now | -39.03% | Truist Securities | Neal Dingmann65% | $120 → $125 | Maintains | Buy | Get Alert |
| 06/07/2024 | Buy Now | -31.71% | JP Morgan | Jeremy Tonet66% | $130 → $140 | Maintains | Overweight | Get Alert |
| 05/16/2024 | Buy Now | -37.57% | RBC Capital | Elvira Scotto48% | $123 → $128 | Maintains | Outperform | Get Alert |
| 05/03/2024 | Buy Now | -39.52% | Wells Fargo | Michael Blum68% | $109 → $124 | Maintains | Overweight | Get Alert |
| 04/16/2024 | Buy Now | -36.59% | Stifel | Selman Akyol72% | $111 → $130 | Maintains | Buy | Get Alert |
| 04/15/2024 | Buy Now | -37.57% | Scotiabank | Tristan Richardson46% | $112 → $128 | Maintains | Sector Outperform | Get Alert |
| 04/09/2024 | Buy Now | -40.49% | Barclays | Christine Cho49% | $116 → $122 | Maintains | Overweight | Get Alert |
| 04/04/2024 | Buy Now | -42.93% | Goldman Sachs | John Mackay75% | $105 → $117 | Maintains | Buy | Get Alert |
| 04/03/2024 | Buy Now | -36.59% | Mizuho | Gabriel Moreen77% | $105 → $130 | Maintains | Buy | Get Alert |
| 03/20/2024 | Buy Now | -41.47% | Truist Securities | Neal Dingmann65% | $105 → $120 | Maintains | Buy | Get Alert |
| 03/19/2024 | Buy Now | -43.42% | Barclays | Christine Cho49% | $105 → $116 | Maintains | Overweight | Get Alert |
| 03/06/2024 | Buy Now | -39.03% | JP Morgan | Jeremy Tonet66% | $122 → $125 | Maintains | Overweight | Get Alert |
| 02/26/2024 | Buy Now | -46.83% | RBC Capital | Elvira Scotto48% | $106 → $109 | Maintains | Outperform | Get Alert |
| 02/21/2024 | Buy Now | -45.37% | Citigroup | Spiro Dounis79% | $104 → $112 | Maintains | Buy | Get Alert |
| 01/18/2024 | Buy Now | -47.32% | UBS | Shneur Gershuni82% | $109 → $108 | Maintains | Buy | Get Alert |
| 01/17/2024 | Buy Now | -48.79% | Barclays | Theresa Chen77% | $94 → $105 | Maintains | Overweight | Get Alert |
| 12/14/2023 | Buy Now | -46.83% | UBS | Shneur Gershuni82% | $116 → $109 | Maintains | Buy | Get Alert |
| 11/06/2023 | Buy Now | -48.79% | Truist Securities | Neal Dingmann65% | $95 → $105 | Maintains | Buy | Get Alert |
| 10/18/2023 | Buy Now | -54.15% | Barclays | Theresa Chen77% | $89 → $94 | Maintains | Overweight | Get Alert |
| 10/06/2023 | Buy Now | -50.74% | Goldman Sachs | John Mackay75% | → $101 | Reinstates | → Buy | Get Alert |
| 09/20/2023 | Buy Now | -48.79% | Mizuho | Gabriel Moreen77% | $99 → $105 | Maintains | Buy | Get Alert |
| 08/29/2023 | Buy Now | -44.4% | Morgan Stanley | Robert Kad77% | $106 → $114 | Maintains | Overweight | Get Alert |
| 08/09/2023 | Buy Now | -51.22% | Citigroup | Spiro Dounis79% | $95 → $100 | Maintains | Buy | Get Alert |
| 08/04/2023 | Buy Now | -47.32% | RBC Capital | TJ Schultz82% | $104 → $108 | Maintains | Outperform | Get Alert |
| 07/20/2023 | Buy Now | -48.3% | Morgan Stanley | Robert Kad77% | $108 → $106 | Maintains | Overweight | Get Alert |
| 07/06/2023 | Buy Now | -53.66% | Citigroup | Spiro Dounis79% | → $95 | Reiterates | Buy → Buy | Get Alert |
| 06/30/2023 | Buy Now | -51.71% | Mizuho | Gabriel Moreen77% | → $99 | Reiterates | Buy → Buy | Get Alert |
| 06/28/2023 | Buy Now | -53.66% | Truist Securities | Neal Dingmann65% | → $95 | Reiterates | Buy → Buy | Get Alert |
| 05/19/2023 | Buy Now | -53.66% | Truist Securities | Neal Dingmann65% | $90 → $95 | Maintains | Buy | Get Alert |
| 05/08/2023 | Buy Now | -56.1% | Wells Fargo | Michael Blum68% | $94 → $90 | Maintains | Overweight | Get Alert |
| 05/08/2023 | Buy Now | -49.27% | RBC Capital | TJ Schultz82% | $110 → $104 | Maintains | Outperform | Get Alert |
| 04/21/2023 | Buy Now | -51.22% | Raymond James | Justin Jenkins78% | $95 → $100 | Maintains | Strong Buy | Get Alert |
| 04/18/2023 | Buy Now | -55.13% | Barclays | Theresa Chen77% | $87 → $92 | Maintains | Overweight | Get Alert |
| 04/11/2023 | Buy Now | -51.71% | Mizuho | Gabriel Moreen77% | $95 → $99 | Maintains | Buy | Get Alert |
| 04/06/2023 | Buy Now | -47.32% | UBS | Shneur Gershuni82% | $106 → $108 | Maintains | Buy | Get Alert |
| 03/01/2023 | Buy Now | -54.15% | Wells Fargo | Michael Blum68% | $89 → $94 | Maintains | Overweight | Get Alert |
| 02/28/2023 | Buy Now | -53.66% | Raymond James | Justin Jenkins78% | $92 → $95 | Maintains | Strong Buy | Get Alert |
| 02/02/2023 | Buy Now | -54.15% | Mizuho | Gabriel Moreen77% | $92 → $94 | Maintains | Buy | Get Alert |
| 12/15/2022 | Buy Now | -48.3% | UBS | Shneur Gershuni82% | $107 → $106 | Maintains | Buy | Get Alert |
| 12/09/2022 | Buy Now | -53.66% | Citigroup | Spiro Dounis79% | → $95 | Initiates | → Buy | Get Alert |
| 11/29/2022 | Buy Now | -56.1% | Truist Securities | Neal Dingmann65% | $85 → $90 | Maintains | Buy | Get Alert |
| 11/08/2022 | Buy Now | -55.13% | Mizuho | Gabriel Moreen77% | $91 → $92 | Maintains | Buy | Get Alert |
| 10/19/2022 | Buy Now | -47.32% | Morgan Stanley | Robert Kad77% | $105 → $108 | Maintains | Overweight | Get Alert |
| 08/09/2022 | Buy Now | -55.61% | Mizuho | Gabriel Moreen77% | $87 → $91 | Maintains | Buy | Get Alert |
| 07/20/2022 | Buy Now | -48.79% | Morgan Stanley | Robert Kad77% | $103 → $105 | Maintains | Overweight | Get Alert |
| 07/20/2022 | Buy Now | -57.57% | Barclays | Theresa Chen77% | $92 → $87 | Maintains | Overweight | Get Alert |
| 07/12/2022 | Buy Now | -51.22% | RBC Capital | TJ Schultz82% | $90 → $100 | Maintains | Outperform | Get Alert |
| 05/20/2022 | Buy Now | -59.52% | Wells Fargo | Michael Blum68% | $86 → $83 | Maintains | Overweight | Get Alert |
| 05/02/2022 | Buy Now | -61.95% | Truist Securities | Neal Dingmann65% | → $78 | Assumes | → Buy | Get Alert |
| 04/28/2022 | Buy Now | -58.05% | Wells Fargo | Michael Blum68% | $82 → $86 | Maintains | Overweight | Get Alert |
| 04/26/2022 | Buy Now | -49.76% | Morgan Stanley | Robert Kad77% | $74 → $103 | Maintains | Overweight | Get Alert |
| 04/20/2022 | Buy Now | -55.13% | Raymond James | Justin Jenkins78% | $80 → $92 | Maintains | Strong Buy | Get Alert |
FAQ
What is the target price for Targa Resources (TRGP) stock?
The latest price target for Targa Resources (NYSE:TRGP) was reported by Barclays on March 21, 2025. The analyst firm set a price target for $211.00 expecting TRGP to rise to within 12 months (a possible 2.92% upside). 45 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Targa Resources (TRGP)?
The latest analyst rating for Targa Resources (NYSE:TRGP) was provided by Barclays, and Targa Resources maintained their overweight rating.
When was the last upgrade for Targa Resources (TRGP)?
There is no last upgrade for Targa Resources
When was the last downgrade for Targa Resources (TRGP)?
There is no last downgrade for Targa Resources.
When is the next analyst rating going to be posted or updated for Targa Resources (TRGP)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Targa Resources, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Targa Resources was filed on March 21, 2025 so you should expect the next rating to be made available sometime around March 21, 2026.
Is the Analyst Rating Targa Resources (TRGP) correct?
While ratings are subjective and will change, the latest Targa Resources (TRGP) rating was a maintained with a price target of $204.00 to $211.00. The current price Targa Resources (TRGP) is trading at is $205.02, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.