BMO Capital raises Targa Resources price target to $328 from $303
BMO Capital lifted its Targa Resources price target to $328 per share from $303 and kept an Outperform rating, per Dow Jones Newswires.
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what happened
BMO Capital raised its price target on Targa Resources shares to $328 from $303. The firm kept its Outperform rating on the stock, meaning it expects the shares to beat the broader market.
Dow Jones Newswires reported the change, citing ratings data from Benzinga. The update was published on October 21, 2026.
why it matters
A single brokerage target change reflects one analyst's view and does not by itself alter the outlook for the wider energy sector. For investors following the sector, it is one signal of how Wall Street rates midstream companies handling natural gas and refined products.
tags
instruments
sources
- Targa Resources Price Target Raised to $328.00/Share From $303.00 by BMO Capital — Dow Jones Newswires, 21 October 2026 at 17:41 UTC
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