Targa Resources, Inc. (NYSE:TRGP) Given Consensus Rating of "Moderate Buy" by Brokerages

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Targa Resources, Inc. (NYSE:TRGP) has received a consensus “Moderate Buy” rating from seventeen analysts, with an average one-year price target of $259.93. Several brokerages recently raised their price targets for the company. Despite positive analyst sentiment and exceeding quarterly EPS estimates, company insiders have been net sellers of the stock, disposing of shares worth approximately $24.69 million over the past three months.

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