InvestorsHub Logo
Followers 7
Posts 604
Boards Moderated 0
Alias Born 03/08/2017

Re: eastunder post# 214

Friday, 04/07/2017 4:40:25 PM

Friday, April 07, 2017 4:40:25 PM

Post# of 226
Williams group upgraded to Buy at Citi ahead of Geismar sale

Williams Cos. (WMB +0.3%) and Williams Partners (WPZ +0.4%) are upgraded to Buy from Neutral at Citigroup, which says shares are "too inexpensive to ignore" ahead of the expected sale of the Geismar ethane cracker.

The expected sale and the January restructuring plans place WMB/WPZ on a path toward investment grade metrics before year-end 2017, analyst Faisel Khan writes.

The firm raises its price target for WMB to $36 from $32 and for WPZ to $46 from $41.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent WMB News