Jefferies raised the firm’s price target on Williams (WMB) to $87 from $83 and keeps a Buy rating on the shares. Williams continues to have momentum and the firm believes the $2.3B final investment decision of Neo as well as management optimism on additional Power Innovation FIDs bodes well for Williams’ ability to outperform its five-year adjusted EBITDA growth target.
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Read More on WMB:
- Williams Companies Bets Big After Record Quarter
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