|Day Low/High||54.86 / 55.91|
|52 Wk Low/High||35.35 / 61.83|
Price action and support and resistance levels determine the direction of these trades.
The buyer plans to pay for the deal with equity offerings and asset sales.
Targa Resources' (TRGP) stock rating was raised to 'overweight' at Barclays on Tuesday.
Analysts were disappointed by the $15.75 per share offer, which is only 2.9% more than CPPL's stock price last Friday and 31.5% below its IPO price last year.