Handelsavisen has updated its investment thesis on Targa Resources Corp (TRGP.K) following an internal audit of sector classification data.

The revision stems from a sector-fix batch process that corrected contamination in the company’s GICS direct path, triggering a re-analysis of the midstream operator’s fundamentals.

The updated assessment assigns Targa Resources a composite score of 63.72 out of 100 in Handelsavisen’s proprietary analysis.

This score reflects the company’s positioning within its corrected sector peers, providing a more accurate benchmark for valuation and risk assessment.

The adjustment ensures that comparative metrics are aligned with the correct industry standards, which is critical for investors relying on sector-relative performance indicators.

The sector-fix batch was executed on July 13, 2026, as part of a broader data integrity initiative.