Williams Cos. (WMB) Reports Q2 EPS of 19c, Lowers Dividend

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Williams Companies (WMB) PT Raised to $27 at UBS Following Dividend Cut

August 2, 2016 8:13 AM EDT

UBS analyst Shneur Gershuni reiterated a Buy rating and boosted its price target on Williams Companies (NYSE: WMB) to $27.00 (from $25.00) following the company dividend cut.

Gershuni commented, "WMBs announcement of a ~69% dividend cut and >$1B pending in asset sales is a... More