BMO Capital analyst Ameet Thakkar lowered the firm’s price target on Williams (WMB) to $70 from $72 and keeps an Outperform rating on the shares after its Q3 earnings miss. Some anticipation of Williams’ Q3 earnings call has diminished given the prior announcement of additional 850 MWs of power projects, though the recent announced a $1.9B investment in Woodside Energy’s 16.5 MTPA Louisiana LNG project raised questions and weighed on shares, the analyst tells investors in a research note.
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