Royal Bank Of Canada Increases Williams Companies (NYSE:WMB) Price Target to $87.00

Royal Bank of Canada has raised its price target for Williams Companies (NYSE:WMB) to $87.00 from $83.00, maintaining an "outperform" rating and implying a 22% upside. This adjustment comes after Williams Companies met EPS expectations and surpassed revenue estimates in its latest quarterly report, with revenue growing 9.8% year-over-year. The company currently holds a consensus "Buy" rating among analysts, despite one recent downgrade to "sell."