Morgan Stanley Maintains Equal-Weight on Williams Companies, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Robert Kad has maintained an Equal-Weight rating on Williams Companies (NYSE:WMB) and raised the price target from $39 to $42.
August 29, 2023 | 1:21 pm
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Morgan Stanley has maintained an Equal-Weight rating on Williams Companies and raised the price target from $39 to $42.
The news is directly related to Williams Companies (WMB). The maintained Equal-Weight rating indicates that Morgan Stanley believes the stock is fairly valued. However, the increase in price target from $39 to $42 suggests that they see potential for the stock price to rise in the short term. This could have a positive impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100