By: Benzinga
UPDATE: Stifel Nicolaus Upgrades Targa Resources Partners to Buy on Distribution Growth
Stifel Nicolaus upgraded Targa Resources Partners (NYSE: NGLS ) from Hold to Buy and announced a $48.00 price target. Stifel Nicolaus noted, "In light of the continued investment in its fee-based margins, we expect the partnership will be able to grow its distribution over 10% through FY14. In turn, we
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