Mizuho raised the firm’s price target on Williams to $41 from $40 and keeps a Buy rating on the shares. The analyst says the company “sits in an enviable (and unique) position” within the midstream sector. Investors are confident in operational performance regardless of natural gas futures, while a higher natural gas strip is additive to positive sentiment, the analyst tells investors in a research note. The firm believes this should persist through the medium- to long-term.
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