Williams price target raised to $48 from $43 at Scotiabank

Scotiabank raised the firm’s price target on Williams to $48 from $43 and keeps a Sector Perform rating on the shares. The company’s ability to consolidate demand around the Transco complex offers visibility in comparison to its midstream peers, even when facing continuous regulatory risk, the analyst tells investors. The firm has an increased confidence in the company’s long-term growth.