Targa Resources (NYSE:TRGP) Sets New 1-Year High - Time to Buy?

Targa Resources (NYSE:TRGP) has reached a new 52-week high of $212.39, with analysts largely positive and a consensus target price of $213.50. The company recently declared a quarterly dividend of $1.00, but it faces high leverage and low liquidity ratios, alongside recent insider selling. Institutional investors hold a significant portion of the stock.

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