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Targa Resources Corp has a consensus price target of $249.73 based on the ratings of 23 analysts. The high is $331 issued by Morgan Stanley on May 12, 2026. The low is $140 issued by Argus Research on June 26, 2024. The 3 most-recent analyst ratings were released by Truist Securities, Barclays, and JP Morgan on July 15, 2026, July 13, 2026, and July 9, 2026, respectively. With an average price target of $303 between Truist Securities, Barclays, and JP Morgan, there's an implied 7.56% upside for Targa Resources Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Targa Resources (NYSE:TRGP) was reported by Truist Securities on July 15, 2026. The analyst firm set a price target for $312.00 expecting TRGP to rise to within 12 months (a possible 10.75% upside). 43 analyst firms have reported ratings in the last year.
The latest analyst rating for Targa Resources (NYSE:TRGP) was provided by Truist Securities, and Targa Resources maintained their buy rating.
There is no last upgrade for Targa Resources
The last downgrade for Targa Resources Corp happened on May 4, 2026 when Seaport Global changed their price target from N/A to N/A for Targa Resources Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Targa Resources, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Targa Resources was filed on July 15, 2026 so you should expect the next rating to be made available sometime around July 15, 2027.
While ratings are subjective and will change, the latest Targa Resources (TRGP) rating was a maintained with a price target of $289.00 to $312.00. The current price Targa Resources (TRGP) is trading at is $281.71, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 07/15/2026 | Buy Now | 10.75% | Truist Securities | $289 → $312 | Maintains | Buy | Get Alert |
| 07/13/2026 | Buy Now | 0.1% | Barclays | $270 → $282 | Maintains | Overweight | Get Alert |
| 07/09/2026 | Buy Now | 11.82% | JP Morgan | $291 → $315 | Maintains | Overweight | Get Alert |
| 06/23/2026 | Buy Now | -4.16% | Barclays | $262 → $270 | Maintains | Overweight | Get Alert |
| 06/18/2026 | Buy Now | 11.46% | Jefferies | → $314 | Initiates | → Buy | Get Alert |
| 05/27/2026 | Buy Now | 6.49% | Mizuho | $260 → $300 | Maintains | Outperform | Get Alert |
| 05/14/2026 | Buy Now | -6.99% | Barclays | $255 → $262 | Maintains | Overweight | Get Alert |
| 05/12/2026 | Buy Now | 17.5% | Morgan Stanley | $327 → $331 | Maintains | Overweight | Get Alert |
| 05/12/2026 | Buy Now | -8.77% | Scotiabank | $249 → $257 | Maintains | Sector Outperform | Get Alert |
| 05/12/2026 | Buy Now | 2.59% | Truist Securities | $285 → $289 | Maintains | Buy | Get Alert |
| 05/11/2026 | Buy Now | -13.03% | TD Cowen | $236 → $245 | Maintains | Hold | Get Alert |
| 05/08/2026 | Buy Now | -4.16% | Wells Fargo | $264 → $270 | Maintains | Overweight | Get Alert |
| 05/04/2026 | Buy Now | — | Seaport Global | — | Downgrade | Buy → Neutral | Get Alert |
| 04/20/2026 | Buy Now | -4.87% | Goldman Sachs | $242 → $268 | Maintains | Buy | Get Alert |
| 04/13/2026 | Buy Now | -11.61% | Scotiabank | $246 → $249 | Maintains | Sector Outperform | Get Alert |
| 04/13/2026 | Buy Now | -4.16% | RBC Capital | $260 → $270 | Maintains | Outperform | Get Alert |
| 04/13/2026 | Buy Now | 1.17% | Truist Securities | $279 → $285 | Maintains | Buy | Get Alert |
| 04/07/2026 | Buy Now | -9.48% | Barclays | $226 → $255 | Maintains | Overweight | Get Alert |
| 04/07/2026 | Buy Now | 16.08% | Morgan Stanley | $298 → $327 | Maintains | Overweight | Get Alert |
| 03/24/2026 | Buy Now | -0.96% | Truist Securities | → $279 | Initiates | Buy → Buy | Get Alert |
| 03/24/2026 | Buy Now | -0.61% | UBS | $228 → $280 | Maintains | Buy | Get Alert |
| 03/19/2026 | Buy Now | -7.7% | Mizuho | $207 → $260 | Maintains | Outperform | Get Alert |
| 03/13/2026 | Buy Now | -6.28% | Wells Fargo | $248 → $264 | Maintains | Overweight | Get Alert |
| 03/03/2026 | Buy Now | 5.78% | Morgan Stanley | $266 → $298 | Maintains | Overweight | Get Alert |
| 02/27/2026 | Buy Now | -7.7% | RBC Capital | $218 → $260 | Maintains | Outperform | Get Alert |
| 02/24/2026 | Buy Now | -6.99% | Citigroup | $200 → $262 | Maintains | Buy | Get Alert |
| 02/24/2026 | Buy Now | -12.67% | Scotiabank | $224 → $246 | Maintains | Sector Outperform | Get Alert |
| 02/20/2026 | Buy Now | -11.96% | Wells Fargo | $207 → $248 | Maintains | Overweight | Get Alert |
| 02/20/2026 | Buy Now | -13.74% | Stifel | $213 → $243 | Maintains | Buy | Get Alert |
| 12/18/2025 | Buy Now | -26.52% | Wells Fargo | $205 → $207 | Maintains | Overweight | Get Alert |
| 12/17/2025 | Buy Now | -29.36% | Scotiabank | $198 → $199 | Maintains | Sector Outperform | Get Alert |
| 12/03/2025 | Buy Now | -22.61% | RBC Capital | $213 → $218 | Maintains | Outperform | Get Alert |
| 11/18/2025 | Buy Now | -24.39% | RBC Capital | $208 → $213 | Maintains | Outperform | Get Alert |
| 11/13/2025 | Buy Now | -29.71% | Scotiabank | $199 → $198 | Maintains | Sector Outperform | Get Alert |
| 11/13/2025 | Buy Now | -33.26% | Goldman Sachs | $189 → $188 | Maintains | Buy | Get Alert |
| 11/12/2025 | Buy Now | -7.35% | Morgan Stanley | $240 → $261 | Maintains | Overweight | Get Alert |
| 11/06/2025 | Buy Now | -30.42% | BMO Capital | $185 → $196 | Maintains | Outperform | Get Alert |
| 10/07/2025 | Buy Now | -23.68% | JP Morgan | $214 → $215 | Maintains | Overweight | Get Alert |
| 09/19/2025 | Buy Now | -34.33% | BMO Capital | → $185 | Initiates | → Outperform | Get Alert |
| 08/29/2025 | Buy Now | -26.52% | Mizuho | $212 → $207 | Maintains | Outperform | Get Alert |
| 08/14/2025 | Buy Now | -27.58% | Scotiabank | $201 → $204 | Maintains | Sector Outperform | Get Alert |
| 08/12/2025 | Buy Now | -26.16% | RBC Capital | $205 → $208 | Maintains | Outperform | Get Alert |
| 08/08/2025 | Buy Now | -27.23% | Wells Fargo | $198 → $205 | Maintains | Overweight | Get Alert |
| 07/15/2025 | Buy Now | -28.65% | Scotiabank | $197 → $201 | Maintains | Sector Outperform | Get Alert |
| 07/15/2025 | Buy Now | -27.23% | RBC Capital | $205 → $205 | Reiterates | Outperform → Outperform | Get Alert |
| 07/10/2025 | Buy Now | -30.78% | Barclays | $178 → $195 | Maintains | Overweight | Get Alert |
| 07/10/2025 | Buy Now | -25.81% | JP Morgan | $189 → $209 | Maintains | Overweight | Get Alert |
| 06/26/2025 | Buy Now | -27.23% | RBC Capital | $191 → $205 | Maintains | Outperform | Get Alert |
| 06/05/2025 | Buy Now | -30.07% | Scotiabank | $193 → $197 | Maintains | Sector Outperform | Get Alert |
| 05/20/2025 | Buy Now | -24.74% | Mizuho | $218 → $212 | Maintains | Outperform | Get Alert |
| 05/20/2025 | Buy Now | -31.49% | Scotiabank | $199 → $193 | Maintains | Sector Outperform | Get Alert |
| 05/20/2025 | Buy Now | -36.81% | Barclays | $206 → $178 | Maintains | Overweight | Get Alert |
| 05/15/2025 | Buy Now | -19.06% | UBS | $259 → $228 | Maintains | Buy | Get Alert |
| 05/09/2025 | Buy Now | -30.07% | Citigroup | $227 → $197 | Maintains | Buy | Get Alert |
| 05/08/2025 | Buy Now | -32.2% | RBC Capital | $199 → $191 | Maintains | Outperform | Get Alert |
| 05/05/2025 | Buy Now | -31.13% | Goldman Sachs | $218 → $194 | Maintains | Buy | Get Alert |
| 04/29/2025 | Buy Now | -29.36% | Scotiabank | $201 → $199 | Maintains | Sector Outperform | Get Alert |
| 04/28/2025 | Buy Now | -22.61% | Mizuho | $226 → $218 | Maintains | Outperform | Get Alert |
| 04/09/2025 | Buy Now | -26.87% | Barclays | $211 → $206 | Maintains | Overweight | Get Alert |
| 03/21/2025 | Buy Now | -25.1% | Barclays | $204 → $211 | Maintains | Overweight | Get Alert |
| 03/18/2025 | Buy Now | -16.58% | Truist Securities | $220 → $235 | Maintains | Buy | Get Alert |
| 03/17/2025 | Buy Now | -13.38% | Morgan Stanley | $202 → $244 | Maintains | Overweight | Get Alert |
| 03/06/2025 | Buy Now | -25.45% | Scotiabank | $218 → $210 | Maintains | Sector Outperform | Get Alert |
| 03/03/2025 | Buy Now | -21.55% | RBC Capital | $220 → $221 | Maintains | Outperform | Get Alert |
| 02/25/2025 | Buy Now | -19.42% | Citigroup | $218 → $227 | Maintains | Buy | Get Alert |
| 02/21/2025 | Buy Now | -21.9% | Wells Fargo | $204 → $220 | Maintains | Overweight | Get Alert |
| 02/20/2025 | Buy Now | -19.77% | Mizuho | $208 → $226 | Maintains | Outperform | Get Alert |
| 01/13/2025 | Buy Now | -27.58% | Barclays | $171 → $204 | Maintains | Overweight | Get Alert |
| 01/10/2025 | Buy Now | -26.16% | Mizuho | $181 → $208 | Maintains | Outperform | Get Alert |
| 01/10/2025 | Buy Now | -22.61% | Scotiabank | → $218 | Initiates | → Sector Outperform | Get Alert |
| 12/19/2024 | Buy Now | -20.84% | Goldman Sachs | $185 → $223 | Maintains | Buy | Get Alert |
| 12/18/2024 | Buy Now | -27.58% | Wells Fargo | $190 → $204 | Maintains | Overweight | Get Alert |
| 12/13/2024 | Buy Now | -21.9% | Truist Securities | $225 → $220 | Maintains | Buy | Get Alert |
| 11/26/2024 | Buy Now | -8.06% | UBS | $246 → $259 | Maintains | Buy | Get Alert |
| 11/20/2024 | Buy Now | -20.48% | Stifel | $190 → $224 | Maintains | Buy | Get Alert |
| 11/15/2024 | Buy Now | -12.67% | UBS | $182 → $246 | Maintains | Buy | Get Alert |
| 11/15/2024 | Buy Now | -20.13% | Truist Securities | $175 → $225 | Maintains | Buy | Get Alert |
| 11/11/2024 | Buy Now | -29.36% | RBC Capital | $172 → $199 | Maintains | Outperform | Get Alert |
| 11/06/2024 | Buy Now | -32.55% | Wells Fargo | $153 → $190 | Maintains | Overweight | Get Alert |
| 11/05/2024 | Buy Now | -37.88% | Truist Securities | $150 → $175 | Maintains | Buy | Get Alert |
| 10/29/2024 | Buy Now | -38.23% | Seaport Global | $141 → $174 | Maintains | Buy | Get Alert |
| 10/25/2024 | Buy Now | -28.29% | Morgan Stanley | $173 → $202 | Maintains | Overweight | Get Alert |
| 10/22/2024 | Buy Now | -35.75% | Mizuho | $147 → $181 | Maintains | Outperform | Get Alert |
| 10/17/2024 | Buy Now | -35.39% | B of A Securities | → $182 | Reinstates | → Buy | Get Alert |
| 10/16/2024 | Buy Now | -38.94% | RBC Capital | $153 → $172 | Maintains | Outperform | Get Alert |
| 10/15/2024 | Buy Now | -39.3% | Barclays | $155 → $171 | Maintains | Overweight | Get Alert |
| 09/19/2024 | Buy Now | -42.14% | Goldman Sachs | $147 → $163 | Maintains | Buy | Get Alert |
| 08/13/2024 | Buy Now | -45.69% | RBC Capital | $147 → $153 | Maintains | Outperform | Get Alert |
| 08/05/2024 | Buy Now | -46.75% | Truist Securities | $125 → $150 | Maintains | Buy | Get Alert |
| 08/05/2024 | Buy Now | -45.69% | Wells Fargo | $124 → $153 | Maintains | Overweight | Get Alert |
| 08/02/2024 | Buy Now | -47.82% | Goldman Sachs | $132 → $147 | Maintains | Buy | Get Alert |
| 07/30/2024 | Buy Now | -49.95% | Seaport Global | $129 → $141 | Maintains | Buy | Get Alert |
| 07/17/2024 | Buy Now | -49.59% | Scotiabank | $128 → $142 | Maintains | Sector Outperform | Get Alert |
| 07/03/2024 | Buy Now | -51.01% | Barclays | $123 → $138 | Maintains | Overweight | Get Alert |
| 07/02/2024 | Buy Now | -48.53% | JP Morgan | $140 → $145 | Maintains | Overweight | Get Alert |
| 06/26/2024 | Buy Now | -50.3% | Argus Research | → $140 | Initiates | → Buy | Get Alert |
| 06/11/2024 | Buy Now | -47.82% | UBS | $116 → $147 | Maintains | Buy | Get Alert |
| 06/10/2024 | Buy Now | -50.3% | Morgan Stanley | $134 → $140 | Maintains | Overweight | Get Alert |
| 06/10/2024 | Buy Now | -55.63% | Truist Securities | $120 → $125 | Maintains | Buy | Get Alert |
| 06/07/2024 | Buy Now | -50.3% | JP Morgan | $130 → $140 | Maintains | Overweight | Get Alert |