Goldman Sachs Reinstates Neutral on Williams Companies, Announces $35 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst John Mackay has reinstated Williams Companies (NYSE:WMB) with a Neutral rating and announced a $35 price target.
October 06, 2023 | 10:44 am
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Goldman Sachs has reinstated a Neutral rating on Williams Companies (WMB) and set a price target of $35.
The reinstatement of a Neutral rating by Goldman Sachs indicates that the firm sees the stock as fairly valued at current levels. The $35 price target suggests that Goldman Sachs believes there is potential for the stock price to increase. However, as the rating is Neutral, it is unlikely to have a significant impact on the stock's short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100