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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 some important positives, 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 and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.