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Fly News Breaks for January 8, 2020
TRGP
Jan 8, 2020 | 09:32 EDT
Wolfe Research analyst Keith Stanley downgraded Targa Resources to Underperform from Peer Perform with a price target of $36, down from $39. While he accounts for the potential for Targa Resources to see continued strong growth in 2022, he also sees risk from its "stretched balance sheet," Stanley tells investors.
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