Targa Resources Price Target Raised by Over 20% to 218.28

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Targa Resources (BIT:1TRGP) has seen its average one-year price target revised to €218.28 per share, marking a 20.36% increase from the previous estimate of €181.36 on February 23, 2026. The updated targets among analysts range from €186.33 to €262.38 per share, offering an average increase of 7.26% from the last reported closing price of €203.50.

As of the latest report, 958 funds and institutions are holding positions in Targa Resources, a significant decrease of 767 owners or 44.46% over the last quarter. Institutional shares have declined by 12.17% to 200,174K shares, while the average portfolio weight for these funds has increased by 55.62% to 0.19%.

Notable changes in ownership include Wellington Management Group, which reduced its stake from 19,643K shares (6.27% decrease) to 18,485K shares; Harris Associates L.P. increased its holdings by 57.30%, now owning 9,730K shares; and Norges Bank, which increased its shares from 0K to 3,988K shares.

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