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Stocks•4 May 2026•

1 min read

Seaport Research Maintains Neutral Rating on Targa Resources Despite EPS Beat

Key Facts

1Seaport Research Partners reissued a neutral rating for Targa Resources despite the company beating EPS expectations.

2The average target price for the stock is $259.93 with a consensus rating of Moderate Buy.

3Analysts anticipate an EPS of 10.32 for the current fiscal year despite a slight miss in revenue forecasts.

Seaport Research Partners has reissued a neutral rating for Targa Resources (TRGP) following the company's latest financial results, which presented a mixed performance. Although Targa Resources managed to beat earnings per share (EPS) expectations, its total revenue fell slightly short of analyst forecasts. Market analysts currently anticipate an EPS of 10.32 for the full fiscal year, supported by strong institutional backing despite recent insider selling activity. The stock maintains an average price target of $259.93, with a broader consensus rating of 'Moderate Buy' from the investment community. This neutral stance reflects a balanced outlook on the midstream energy firm as it navigates fluctuating revenue streams and operational growth.