Credit Suisse Starts Targa Resources Partners, L.P. (NGLS) at Outperform
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Price: $37.10 +0.13%
Rating Summary:
4 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
4 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Before the open, Credit Suisse initiated coverage on Targa Resources Partners, L.P. (NYSE: NGLS) with a Outperform rating and $40 price target, suggesting 27% upside.
NGLS offered a current yield of 6.7%, at the high end of its peers, and attractive distribution growth potential (8.3% three-year CAGR).
For more ratings news on Targa Resources Partners, L.P. click here and for the rating history of Targa Resources Partners, L.P. click here.
Shares of Targa Resources Partners, L.P. closed at $34.09 yesterday.
NGLS offered a current yield of 6.7%, at the high end of its peers, and attractive distribution growth potential (8.3% three-year CAGR).
For more ratings news on Targa Resources Partners, L.P. click here and for the rating history of Targa Resources Partners, L.P. click here.
Shares of Targa Resources Partners, L.P. closed at $34.09 yesterday.
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