Williams raised to Buy at Argus on bullish view of natural gas prices

seekingalpha06-21

Williams Companies (NYSE:WMB) +1.4% in Thursday's trading as Argus Research upgrades the energy infrastructure company to Buy from Hold with a $47 price target, seeing the stock as a way for investors...

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Argus raised its FY 2024 earnings estimate to $1.96/share from $1.86 previously and above $1.83 analy","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"WMB":"威廉姆斯"},"translate_title":"威廉姆斯因看好天然气价格而将阿格斯上调至买入评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WMB":1},"content_text":"Williams Companies (NYSE:WMB) +1.4% in Thursday's trading as Argus Research upgrades the energy infrastructure company to Buy from Hold with a $47 price target, seeing the stock as a way for investors to play rising natural gas prices. Argus analyst Bill Selesky said his upgrade reflects a more bullish stance on natural gas prices, believing the combination of higher weather-related demand, the energy transition from coal to natural gas, continuing supply constraints and low natural gas inventories all point to stronger demand and higher natural gas prices in the near-to-intermediate term. 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