Should You Buy Targa Resources Corp (TRGP) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Targa Resources Corp (TRGP) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The stock demonstrates strong financial performance, positive analyst sentiment, and favorable technical indicators. Despite the absence of proprietary trading signals today, the company's growth prospects and recent acquisitions position it well for long-term success.
Technical Analysis
The technical indicators for TRGP are bullish. The MACD histogram is positive and expanding (1.003), the RSI is at 78.54 (neutral zone), and moving averages are aligned bullishly (SMA_5 > SMA_20 > SMA_200). The current pre-market price of $192 is near the R1 resistance level of $192.496, suggesting a potential breakout if momentum continues.
