Williams price target raised to $91 from $89 at UBS

UBS analyst Manav Gupta raised the firm’s price target on Williams (WMB) to $91 from $89 and keeps a Buy rating on the shares. Williams continues to differentiate itself by growing this business at a pace that exceeds expectations, the analyst tells investors in a research note. Based on the projects already announced — Socrates, Atlas, Apollo, Aquila, Socrates the Younger and Neo — the Power Innovation business should add EBITDA upside potential of $1.93B by 2029, the firm says.