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Is Targa Resources a Buy?


Shares of Targa Resources (NYSE: TRGP) have been under a lot of pressure over the past year due to continued volatility in the oil market. Overall, the midstream stock is down more than 35%, which has pushed its dividend yield up to nearly 10.5%.

That lower share price and higher yield likely have investors wondering if now is a good time to buy. Here's a look at the case for and against Targa Resources.

Image source: Getty Images.

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Source Fool.com

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