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Stock Market & Financial Investment News

News Breaks
June 19, 2014
19:59 EDTETE, ETP, TRGP, NGLSWells Fargo 'highly skeptical' of Targa Resources takeover
Wells Fargo said it is "highly skeptical" that Energy Transfer (ETE) will ultimately acquire Targa Resources (TRGP) and Targa Resources Partners (NGLS) after Bloomberg reported that the sides were near am agreement. Wells says that while there are strategic benefits to such a merger, the math of such a transaction doesn't work. It notes the transaction would likely be "highly dilutive" to the Energy Transfer family.
News For TRGP;ETE;NGLS;ETP From The Last 14 Days
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December 18, 2014
09:41 EDTTRGPTarga Resources downgraded to Buy from Conviction Buy at Goldman
Price target lowered to $143 from $170.

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