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Stock Charts AI Power Rank: 8.1
Power Rank trend -> Rising
02/12/2025 16:12:00 EST
Targa Resources Inc (TRGP)
Industry: Oil & Gas Midstream
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, TRGP has been trading in a range between $216.43 and $192.59 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Red zone currently. We would avoid this stock.
Upside / Downside Potential
Targa Resources Inc $TRGP entered a Red zone 3 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $198.65, a potential down side of -1.38% from the recent price of 201.42. The stock is trading 8.09% (potential upside) below its 52 week high of $217.71 and 135.25 % (potential downside) above its 52 week low of $85.62 - based on the recent price.
Company Summary
Targa Resources Corp, together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation.
News
| Never seen better opportunities in the energy transition, infrastructure: Neuberger Berman's Rachlin Doug Rachlin, Neuberger Berman senior portfolio manager, joins 'Squawk on the Street' to discuss the opportunity set for the firm's energy transition and infrastructure strategy. Source: CNBC Television Mon, 27 Jan 2025 11:35:04 -0500 Sentiment: Positive |
| Targa Resources Corp. Announces Quarterly Dividend and Timing of Fourth Quarter 2024 Earnings Webcast HOUSTON, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced its quarterly dividend on common shares with respect to the fourth quarter of 2024. Source: GlobeNewsWire Thu, 16 Jan 2025 19:00:00 -0500 Sentiment: Neutral |
| What Makes Targa Resources, Inc. (TRGP) a Strong Momentum Stock: Buy Now? Does Targa Resources, Inc. (TRGP) have what it takes to be a top stock pick for momentum investors? Let's find out. Source: Zacks Investment Research Wed, 15 Jan 2025 13:00:43 -0500 Sentiment: Positive |
| 3 Energy Stocks to Buy After Biden's Offshore Oil Ban President Joe Biden's remaining days in office are dwindling, but one last-minute decision of his could have a major impact on the energy market that will linger long past January 20, 2025. Source: Benzinga Mon, 13 Jan 2025 14:00:59 -0500 Sentiment: Positive |
| These 20 stocks in the S&P 500 rose the most in 2024 Big Tech led another banner year for the U.S. large-cap benchmark stock index. Source: Market Watch Tue, 31 Dec 2024 07:30:00 -0500 Sentiment: Positive |
Technicals 52 Week Hi: 217.7114 52 Week Low: 91.6188 Beta: 2.237 50 Day MA: 194.0634 200 Day MA: 156.157 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.804 Qtr Revenue Growth YOY: -0.012 Forward PE: 25.5754 Trailing PE: 36.2731