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Is Targa Resources Corp. (TRGP) A Good Stock To Buy Now?

Is TRGP a good stock to buy? We came across a bullish thesis on Targa Resources Corp. on Beyond the Noise’s Substack by Cristobal Botanch. In this article, we will summarize the bulls’ thesis on TRGP. Targa Resources Corp.'s share was trading at $240.69 as of April 24th. TRGP’s trailing and forward P/E were 28.35 and 22.83 respectively according to Yahoo Finance.

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Targa Resources (TRGP) is a leading integrated midstream operator in the Permian Basin, with its investment case driven...