Williams price target raised to $80 from $78 at Raymond James

Raymond James raised the firm’s price target on Williams (WMB) to $80 from $78 and keeps an Outperform rating on the shares. Williams’ Analyst Day and Q1 update reinforced a clearer multi-year growth path, highlighting a 10%+ adjusted EBITDA compound annual growth rate through 2030 driven by Transco expansions, storage, and disciplined execution, with additional upside from its rapidly scaling Power Innovation platform, the analyst tells investors in a research note.