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Targa Resources Partners LP owns, operates, acquires, and develops midstream energy assets in the United States.View NGLS key stats
Targa Resources Partners LP - NGLS - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Targa Resources Partners LP as a
Buy with a ratings score of B-.
Report Snippet: We rate TARGA RESOURCES PARTNERS LP (NGLS) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.