Williams price target raised to $78 from $70 at BMO Capital

BMO Capital raised the firm’s price target on Williams (WMB) to $78 from $70 and keeps an Outperform rating on the shares. The company’s highly anticipated Analyst Day more than lived up to most investor expectations as the management outlined a 10% ore more EBITDA CAGR through 2030 – materially ahead of most estimates, the analyst tells investors in a research note.