Scotiabank has reiterated its Outperform rating for Targa Resources (TRGP) and increased the price target to $246 from $224, reflecting stronger cash flow visibility and resilient fee-based revenue. This decision follows Scotiabank’s participation in the Q4 2025 earnings call and signals continued analyst confidence. The market has shown a modest positive reaction with a 1.54% price change since the note.
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Scotiabank Maintains Outperform on Targa Resources (TRGP) Feb 24 2026
Scotiabank has reiterated its Outperform rating for Targa Resources (TRGP) and increased the price target to $246 from $224, reflecting stronger cash flow visibility and resilient fee-based revenue. This decision follows Scotiabank’s participation in the Q4 2025 earnings call and signals continued analyst confidence. The market has shown a modest positive reaction with a 1.54% price change since the note.