What did Scotiabank change on Feb 24, 2026 for TRGP analyst rating?

Scotiabank maintained its **Outperform** rating and raised the price target to **$246** from **$224** on Feb 24, 2026. The action reinforces its positive view after the Q4 2025 call.

How should investors interpret the TRGP analyst rating update?

A maintained Outperform is a reaffirmation of relative strength. It suggests analysts see continued upside versus peers, but investors should weigh sector risks and company fundamentals before trading.

Did TRGP stock move after the rating was maintained?

Yes. The report notes a **1.54% ($3.52)** price change since the update. That indicates a modest market reaction to the maintained Outperform and raised price target.

What does Meyka AI's B+ grade mean for Targa Resources?

Meyka AI rates TRGP **B+** based on S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. This grade is informational and not financial advice.

Analyst Ratings

Scotiabank Maintains Outperform on Targa Resources (TRGP) Feb 24 2026

ByDanny Kontos February 25, 2026

Scotiabank maintained an Outperform on Targa Resources Corp. on Feb 24, 2026, and raised the price target to $246 from $224. This main action defines the current TRGP analyst rating shift and signals analyst confidence after the Q4 2025 call. The price target move is a $22 increase. The update followed Scotiabank engagement on the earnings call and comes as Targa trades with a market cap of $49,733,169,400. Investors should note the reported 1.54% ($3.52) price change since the note.