RBC Capital analyst Elvira Scotto raised the firm’s price target on Williams (WMB) to $63 from $62 and keeps an Outperform rating on the shares. The firm is updating its estimates after the company’s recent Q4 results and 10-K release, also citing the management having announced its first power-gen related project that it expects online by the second half of FY26, the analyst tells investors in a research note. This could be the first of other similar projects that can provide long-term growth in addition to its significant project backlog centered around Transco expansions, the firm added.
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Read More on WMB:
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- Williams Co Poised for Growth with Strategic Projects and Raised 2025 Guidance
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