Barclays analyst Marc Solecitto downgraded Williams to Equal Weight from Overweight with a price target of $37, up from $35. The analyst sees a "more moderate upside profile" coming into 2023 for the company given the lower gas price environment and its "premium" valuation.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on WMB:
- Williams downgraded to Equal Weight from Overweight at Barclays
- KMI vs. WMB: Which High-Yielding Natural Gas Stock is Better?
- Williams price target lowered to $39 from $40 at Mizuho
- Williams downgraded to Equal Weight from Overweight at Wells Fargo
- Southwest Gas Divests Businesses after Settlement, Market Horrified
