Williams price target raised to $63 from $62 at Wells Fargo

Wells Fargo analyst Michael Blum raised the firm’s price target on Williams (WMB) to $63 from $62 and keeps an Overweight rating on the shares. The firm notes the company released more details on its $1.6B BTM project, including capacity and location. While not confirmed, Wells believes the customer is AWS (AMZN) or META (META). The firm remains positive.