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Stock impact report

The Williams Companies, Inc. (WMB) Gets Street-High Price Target From UBS [Yahoo! Finance]

Williams Companies, Inc. (The) (WMB) 
Last williams companies, inc. (the) earnings: 2/19 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.williams.com
Company Research Source: Yahoo! Finance
Williams Companies, Inc. (NYSE:WMB) to $89, up from $78, and reiterated a Buy rating. With the highest 1-year price target among analysts, the firm's estimate reflects an upside potential of 21.95%. In a research note, the analyst notes that the company is among the best-levered midstream operators, thanks to a roughly $7.3 billion power generation backlog that positions it well to benefit from rising natural gas demand. This will positively impact its Power Innovation business in particular. With expectations to generate nearly $1.4 billion in annual EBITDA by 2029, The Williams Companies, Inc. (NYSE:WMB) has around 1.9 GW of power opportunities in execution by 2028, the firm noted, adding that from 2027 to 2031, the company has reported a backlog of roughly 6 gigawatts. The Williams Companies, Inc. (WMB) Gets Street-High Price Target From UBS On the same day, Jefferies increased the price target on The Williams Companies, Inc. (NYSE:WMB) to $81 from $78 and reiterated a Buy ra Show less Read more
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