Williams price target raised to $52 from $42 at Truist

Truist analyst Neal Dingmann raised the firm’s price target on Williams (WMB) to $52 from $42 and keeps a Hold rating on the shares ahead of its Q3 results this week. The company remains on target despite incremental natural gas demand still “shifting to the right”, the analyst tells investors in a research note. Williams also has several projects coming online such as the Marcellus South expansion in Q2 of this year, along with Uinta Basin, Regional Energy Access, and Anchor last quarter, which should boost results, Truist added.