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Targa Resources Partners LP Message Board

  • passandshoot passandshoot Feb 27, 2008 11:17 AM Flag

    Goldman Sachs Idea of the Week

    Goldman Sachs Idea of the Week (NGLS)
    Idea of the week

    "Targa Resources Partners (NGLS) declined 4.6% Friday as a large seller placed 1.6 million units (trailing 90-day average daily trading volume is 455,000) on the market at a discount. We view this “forced sale” event providing an attractive entry point for longer-term investors with 6-month price target implying 29% unit price upside. Current yield of 6.6% is a material discount to other asset drop-down MLPs."

 
NGLS
72.35+1.91(+2.71%)Sep 30 4:06 PMEDT

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