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Stock Market & Financial Investment News

News Breaks
July 2, 2014
08:44 EDTTRGPTarga Resources upgraded to Conviction Buy from Buy at Goldman
Goldman added Targa Resources to the Conviction Buy List and raised its price target to $165 from $119 given strong fundamentals and expectations for a positive distribution/dividend surprise to act as a catalyst.
News For TRGP From The Last 14 Days
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April 22, 2015
09:33 EDTTRGPTarga Resources downgraded to Equalweight from Overweight at Capital One
April 21, 2015
18:37 EDTTRGPTarga Resources raises quarterly dividend to 83c per share
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18:32 EDTTRGPTarga Resources expects FY15 effective cash tax rate of 5%-10%
TRC expects FY15 dividend growth of 25%+ over 2014, resulting in about 1.0 times dividend coverage. Sees FY15 effective cash tax rate of 5%-10% and in the near term beyond 2015, an annual effective cash tax rate less than 15%.

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