Wells Fargo raises price target for Williams Companies due to strong growth potential.

From Yahoo Finance: 2025-06-20 15:32:00

Wells Fargo raised The Williams Companies, Inc. (NYSE:WMB) price target from $64 to $67, maintaining an “Overweight” rating due to strong growth potential. WMB trades at a premium compared to C-Corp peers, with a 11% CAGR in EBITDA over three years. Analysts predict a 10% stock price increase if WMB maintains growth. Wells Fargo believes the 1.5x premium estimate for WMB is conservative. The company specializes in natural gas processing and transportation, with petroleum and electricity generation assets. Wells Fargo views WMB as a solid investment but suggests other AI stocks may offer greater upside potential and less downside risk.



Read more at Yahoo Finance: Wells Fargo Raises PT for Williams Companies (WMB), Keeps Overweight Rating