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Calumet Specialty Products Partners, L.P. (CLMT) - free report >>
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Calumet Specialty Products Partners, L.P. (CLMT) - free report >>
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Targa Resources (TRGP) Looks Good: Stock Adds 6.6% in Session
Targa Resources Corp. (TRGP - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 78.7% in the past one-month time frame.
The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Targa Resources currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Targa Resources, Inc. Price
Targa Resources, Inc. price | Targa Resources, Inc. Quote
Another stock worth considering in the Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is Calumet Specialty Products Partners, L.P. (CLMT - Free Report) , which currently carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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