Citi analyst Spiro Dounis raised Targa Resources’ price target to $262 from $200, maintaining a Buy rating. The company plans $4.5B in growth capex for 2026, over $1B higher than expected, leading to accelerated growth projections for 2027 and beyond. Other analysts have also raised price targets for Targa, reflecting optimism in the company’s future growth potential.

Read more at Yahoo Finance: Targa Resources price target raised to $262 from $200 at Citi