Williams price target raised to $81 from $78 at Jefferies

Jefferies raised the firm’s price target on Williams (WMB) to $81 from $78 and keeps a Buy rating on the shares following a “strong” analyst day update. The firm, which expects Williams to deliver a 12%-13% EBITDA compound annual growth rate through FY30, views Williams as able to continue its 10%-plus EBITDA trajectory beyond 2030.