Barclays analyst Theresa Chen raised the firm’s price target on Williams (WMB) to $66 from $65 and keeps an Equal Weight rating on the shares as part of a Q3 earnings preview for the midstream and refining group. While liquids-exposed names could see further downside, the gas-focused operators “remain relatively resilient,” the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMB: