Williams Companies (NYSE:WMB) have seen a recent increase in their
price target to $39.00. They delivered
strong Q1 results in 2024 and aligned with EPS projections. Analysts have observed
healthy demand for the company's gas services, thereby qualifying it as a substantial natural gas giant. The smooth financial trend is further confirmed by the company's
positive earnings call, strong dividend of $0.475, and surpassing the 20-day moving average. A series of purchase from
Everpar Advisors, National Pension Service, Victory Capital Management, and others indicate strong investor backing. There is an expected win in pipeline dispute with
Energy Transfer. They have upgraded their earnings guidance for 2024 and the recent market cap decline seems to be overlooked by institutional owners. The company's CEO compensation is deemed deserved due to the firm's consistent strong performance. However, analysts are noted downgrading the company's future outlook.
Williams Companies WMB News Analytics from Sat, 05 Aug 2023 07:00:00 GMT to Fri, 10 May 2024 08:47:06 GMT -
Rating 9
- Innovation 1
- Information 7
- Rumor -5
