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Williams price target raised to $67 from $64 at Wells Fargo

Wells Fargo raised the firm’s price target on Williams (WMB) to $67 from $64 and keeps an Overweight rating on the shares. The firm says it came away from the EIC conference more convicted in its positive thesis on Williams. Wells is raising its price target to reflect higher BTM investments. The firm now projects Williams to grow at a sector leading 3-year EBITDA CAGR of 11%.

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