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Targa Resources price target raised to $155 from $138 at Barclays

Barclays analyst Theresa Chen raised the firm’s price target on Targa Resources to $155 from $138 and keeps an Overweight rating on the shares as part of a Q3 earnings preview. The firm looks for Q3 adjusted EBITDA of $992M versus the consensus estimate of $1.005B.

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