Targa Resources Inc. (TRGP) stock has reached an all-time high of $225.91, reflecting significant investor confidence and strong performance in the energy sector. The company’s stock has increased by 11.58% over the past year and 21.95% year-to-date, with a market capitalization of $48.06 billion. Recent positive developments include the acquisition of Stakeholder Midstream for $1.25 billion and several analyst price target increases, though InvestingPro suggests the stock may be slightly overvalued.
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Targa Resources stock hits all-time high at 225.91 USD
Targa Resources Inc. (TRGP) stock has reached an all-time high of $225.91, reflecting significant investor confidence and strong performance in the energy sector. The company’s stock has increased by 11.58% over the past year and 21.95% year-to-date, with a market capitalization of $48.06 billion. Recent positive developments include the acquisition of Stakeholder Midstream for $1.25 billion and several analyst price target increases, though InvestingPro suggests the stock may be slightly overvalued.