Seaport Research downgraded Williams to Neutral from Buy without a price target. Williams shares are up more than 22% year-to-date and now trade at 11-times 2025 EBITDA estimates, a one turn premium versus its five-year historical average, the analyst tells investors in a research note. The firm is moving to the sidelines after the strong run citing valuation.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMB: