Williams price target raised to $63 from $61 at Mizuho

Mizuho raised the firm’s price target on Williams (WMB) to $63 from $61 and keeps an Outperform rating on the shares. The possibility that China’s DeepSeek artificial intelligence model could be more efficient in terms of chips and energy usage delivered a reality check to several midstream names that have been caught up in the AI and data center momentum in recent months, including Williams, the analyst tells investors in a research note. However, the firm believes the upside investment thesis related to data centers is still intact.