Targa Resources Stock Performance and Analyst Predictions
Targa Resources Corp (TRGP) has outperformed both the S&P 500 Index ($SPX) and energy sector ETF XLE over the past year, with a 58.7% gain compared to SPX's 27.3%. The company reported strong Q1 earnings despite a revenue decline of 10.2%, driven by increased net income and adjusted EBITDA.