Rating Change
BMO Capital reiterated its Outperform rating on Targa Resources Corp. (NYSE:TRGP) on October 21, 2026.
reiterateNYSE:TRGP
BMO Capital Reiterates Outperform Rating on Targa Resources Corp. (TRGP)
BMO Capital reiterated its Outperform rating on Targa Resources Corp. (NYSE:TRGP) on October 21, 2026.
At publication ·
What changed
Targa Resources Corp. (NYSE:TRGP) · reiterate
- Firm
- BMO Capital
- Rating
- Outperform to Outperform
- Price at event
- $295.60
- Market capitalization
- $39.9B
At a glance
Key takeaways
- BMO Capital reiterated an Outperform rating on Targa Resources Corp. (TRGP) on October 21, 2026.
Market Context
Targa Resources Corp. operates in the Energy sector. The stock currently trades at $295.60 with a market capitalization of $39.9B. The stock has gained 57.6% over the past 52 weeks.
Analyst coverage from BMO Capital provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Targa Resources Corp.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Targa Resources Corp.
Among the 10 most recent ratings: 10 Buy, 0 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 21, 2026 | BMO Capital | Outperform | N/A |
| Oct 13, 2026 | Citigroup | Buy | N/A |
| Oct 08, 2026 | Barclays | Overweight | N/A |
| Sep 21, 2026 | Truist Securities | Buy | N/A |
| Sep 18, 2026 | TD Cowen | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View TRGP Stock Page
Frequently Asked Questions
What does the Outperform rating mean for TRGP?
A rating of Outperform from BMO Capital reflects the analyst's outlook on Targa Resources Corp. (NYSE:TRGP). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the TRGP forecast page.
