Shares of Williams Companies Inc WMB have gained more than 87 percent since their February lows, but are still down more than 18.7 percent year-to-date. Nonetheless, the Vetr crowd seems to think the recuperation will go on, as evidenced by its average price target of $22.79, which implies a potential return of roughly 7.2 percent from current valuations.
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Seeking to better reflect this upside potential, the Vetr community decided to upgrade its rating on Williams Companies’ stock on Wednesday, from 3.0 Stars (Hold) to 3.5 Stars (Buy) - out of a possible 5.0 Stars rating.
Finally, it should be noted that, in accordance with the new rating, 66 percent of the crowd's ratings are bullish at the time.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above
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