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Fly News Breaks for November 4, 2019
TRGP
Nov 4, 2019 | 06:10 EDT
Piper Jaffray analyst Pearce Hammond initiated coverage of Targa Resources with a Neutral rating and $43 price target. While impressed with the progress the company has made over the past few years, the analyst says it will take time for this progress to fully materialize as he does not anticipate meaningful free cash flow generation until 2021.
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