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Analysts’ Opinions Are Mixed on These Energy Stocks: Targa Resources (TRGP) and Atlas Energy Solutions (AESI)

Tipranks - Thu Jun 4, 6:36AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on Targa Resources (TRGP) and Atlas Energy Solutions (AESI).

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Targa Resources (TRGP)

Wells Fargo analyst Michael Blum maintained a Buy rating on Targa Resources on May 29 and set a price target of $270.00. The company’s shares closed last Tuesday at $263.30.

According to TipRanks.com, Blum is a 5-star analyst with an average return of 15.2% and a 68.6% success rate. Blum covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Venture Global, Inc. Class A, and Enterprise Products Partners. ;'>

Currently, the analyst consensus on Targa Resources is a Strong Buy with an average price target of $280.73, an 8.0% upside from current levels. In a report issued on May 27, Bank of America Securities also maintained a Buy rating on the stock with a $300.00 price target.

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Atlas Energy Solutions (AESI)

Piper Sandler analyst Derek Podhaizer maintained a Hold rating on Atlas Energy Solutions today and set a price target of $19.00. The company’s shares closed last Tuesday at $18.04, close to its 52-week low of $16.98.

According to TipRanks.com, Podhaizer is a 5-star analyst with an average return of 23.3% and a 68.4% success rate. Podhaizer covers the NA sector, focusing on stocks such as National Energy Services Reunited, Solaris Energy Infrastructure, and Flowco Holdings Inc Class A. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Atlas Energy Solutions with a $19.38 average price target, a 10.1% upside from current levels. In a report issued on May 30, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $17.50 price target.

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