Raymond James downgraded Williams to Outperform from Strong Buy with a price target of $36, down from $40. Williams still represents a core long-term holding, but the downgrade is based on lower estimates and sentiment that is likely to take longer than previously contemplated to turn higher, the analyst tells investors in a research note.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on WMB:
- Williams downgraded to Outperform from Strong Buy at Raymond James
- Justice Department, EPA announce Clean Air Act settlements with Williams, MPLX
- Williams price target lowered to $35 from $36 at JPMorgan
- Williams price target lowered to $35 from $36 at Barclays
- Williams assumed with a Sector Perform at Scotiabank
