Rating Change
Morgan Stanley reiterated its Overweight rating on Targa Resources Corp. (NYSE:TRGP) on August 18, 2026.
reiterateNYSE:TRGP
Morgan Stanley Reiterates Overweight Rating on Targa Resources Corp. (TRGP)
Morgan Stanley reiterated its Overweight rating on Targa Resources Corp. (NYSE:TRGP) on August 18, 2026.
At publication ·
What changed
Targa Resources Corp. (NYSE:TRGP) · reiterate
- Firm
- Morgan Stanley
- Rating
- Overweight to Overweight
- Price at event
- $297.77
- Market capitalization
- $39.9B
At a glance
Key takeaways
- Morgan Stanley reiterated an Overweight rating on Targa Resources Corp. (TRGP) on August 18, 2026, with the stock trading at $297.77 and a market capitalization of $39.9 billion.
Market Context
Targa Resources Corp. operates in the Energy sector. The stock currently trades at $297.77 with a market capitalization of $39.9B. The stock has gained 60.5% over the past 52 weeks.
Analyst coverage from Morgan Stanley 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: 8 Buy, 2 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 18, 2026 | Morgan Stanley | Overweight | N/A |
| Aug 18, 2026 | Jefferies | Buy | N/A |
| Aug 11, 2026 | RBC Capital | Outperform | N/A |
| Aug 07, 2026 | TD Cowen | Hold | N/A |
| Aug 07, 2026 | Barclays | Overweight | N/A |
Related Tools: Analyst Ratings Dashboard | View TRGP Stock Page
Frequently Asked Questions
What does the Overweight rating mean for TRGP?
A rating of Overweight from Morgan Stanley 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.
