Analysts’ Recent Ratings Updates for Targa Resources (TRGP)

Targa Resources (NYSE: TRGP) has recently received a number of price target changes and ratings updates:

• 7/15/2026 – Targa Resources had its price target raised by Truist Financial Corporation from $289.00 to $312.00. They now have a “buy” rating on the stock.
• 7/13/2026 – Targa Resources had its price target raised by Barclays PLC from $270.00 to $282.00. They now have an “overweight” rating on the stock.
• 7/9/2026 – Targa Resources had its “buy” rating reaffirmed by UBS Group AG. They now have a $318.00 price target on the stock.
• 7/9/2026 – Targa Resources had its price target raised by JPMorgan Chase & Co. from $291.00 to $315.00. They now have an “overweight” rating on the stock.
• 7/2/2026 – Targa Resources had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 6/25/2026 – Targa Resources is now covered by Erste Group Bank AG. They set a “buy” rating on the stock.
• 6/23/2026 – Targa Resources had its price target raised by Barclays PLC from $262.00 to $270.00. They now have an “overweight” rating on the stock.
• 6/18/2026 – Targa Resources is now covered by Jefferies Financial Group Inc.. They set a “buy” rating and a $314.00 price target on the stock.
• 6/18/2026 – Targa Resources is now covered by Jefferies Financial Group Inc.. They set a “buy” rating and a $314.00 price target on the stock.
• 5/29/2026 – Targa Resources was downgraded by US Capital Advisors from “strong-buy” to “moderate buy”.
• 5/27/2026 – Targa Resources had its “buy” rating reaffirmed by Citigroup Inc..
• 5/27/2026 – Targa Resources had its price target raised by Mizuho from $260.00 to $300.00. They now have an “outperform” rating on the stock.

Insider Buying and Selling at Targa Resources

In related news, Director Charles R. Crisp sold 10,602 shares of Targa Resources stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $255.96, for a total value of $2,713,687.92. Following the completion of the transaction, the director owned 66,492 shares in the company, valued at $17,019,292.32. The trade was a 13.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.37% of the stock is currently owned by company insiders.

Targa Resources Corporation (NYSE: TRGP) is a U.S.-focused midstream energy company that provides gathering, processing, transportation, storage and marketing services for natural gas, natural gas liquids (NGLs), and condensate. Its operations span the midstream value chain, including gas gathering systems that collect production from wells, processing plants that separate and recover NGLs and other hydrocarbons, fractionation and purification facilities that prepare NGLs for market, and pipeline and terminal assets that move and store products for producers, refiners and other customers.

The company operates a network of pipelines, processing plants, fractionators and storage facilities that serve producers and consumers across major U.S.