Zacks Investment Research downgraded shares of TARGA RESOURCES (NGLS) from OUTPERFORM to NEUTRAL on March 09, 2012, with a target price of $46.70.
TARGA RESOURCES has become one of the largest providers of integrated midstream natural gas services in the country.Their extensive portfolio of integrated midstream assets is strategically positioned across multiple geographic regions, producing basins, consumption and market hubs. This portfolio allows us to provide products and services spanning the midstream value chain to a broad base of customers.
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