CIBC Initiates Coverage On Williams Companies with Neutral Rating, Announces Price Target of $36
Portfolio Pulse from Benzinga Newsdesk
CIBC has initiated coverage on Williams Companies (NYSE:WMB) with a Neutral rating and a price target of $36.
July 17, 2023 | 4:25 pm
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NEUTRAL IMPACT
CIBC has initiated coverage on Williams Companies with a Neutral rating and a price target of $36.
The initiation of coverage by CIBC on Williams Companies with a Neutral rating indicates that the bank sees the stock as fairly valued at the current price. The price target of $36 suggests that CIBC believes there is limited upside potential in the short term. This could lead to a neutral or slightly negative reaction in the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100