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Fly News Breaks for March 7, 2017
TRGP
Mar 7, 2017 | 07:08 EDT
As previously reported, Evercore ISI upgraded Targa Resources to Outperform from In Line with a $64 price target. Analyst Timm Schneider updated his G&P operating model to reflect updated volume estimates in the Permian and now expects EBITDA growth of 7% per annum through 2020. The analyst also is more comfortable with Targa's LPG export business given recent management disclosure around longer-term contracts.
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