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Bernstein Sticks to Their Hold Rating for Williams Co (WMB)
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Bernstein Sticks to Their Hold Rating for Williams Co (WMB)

Bernstein analyst Jean Ann Salisbury maintained a Hold rating on Williams Co (WMBResearch Report) today and set a price target of $35.00. The company’s shares closed yesterday at $36.69.

According to TipRanks, Ann Salisbury is a 4-star analyst with an average return of 20.5% and a 71.43% success rate. Ann Salisbury covers the Energy sector, focusing on stocks such as Cheniere Energy, Cheniere Energy Partners, and Energy Transfer.

In addition to Bernstein, Williams Co also received a Hold from Barclays’s Theresa Chen in a report issued on March 4. However, on February 24, J.P. Morgan maintained a Buy rating on Williams Co (NYSE: WMB).

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Based on Williams Co’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.56 billion and a net profit of $654 million. In comparison, last year the company earned a revenue of $3.02 billion and had a net profit of $600 million

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Williams Co (WMB) Company Description:

The Williams Companies, Inc. is an energy infrastructure company which primarily operates in the United States. The company engages in building and providing infrastructure that safely processes and delivers natural gas products.

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