Targa Resources price target raised to $196 from $185 at BMO Capital

Group 1 - BMO Capital analyst Ameet Thakkar raised the price target on Targa Resources (TRGP) to $196 from $185, maintaining an Outperform rating on the shares [1] - The company's Q3 results indicate resilience to lower rig counts and oil prices, which is a positive sign for investors [1] - Expectations for FY26 double-digit volumetric growth and confidence in FY27 may enhance investor sentiment despite challenges in crude/NGL pricing [1]