Williams Partners (WPZ) Reports Q1 Loss of $0.49/Share

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Go back to Williams Partners (WPZ) Reports Q1 Loss of $0.49/Share

Williams Partners LP (WPZ) PT Raised to $39 at UBS

August 2, 2016 8:26 AM EDT

UBS analyst Shneur Gershuni reiterated a Buy rating and bumped its price target on Williams Partners LP (NYSE: WPZ) to $39.00 (from $37.00) with 2016 EBITDA Guidance Inline, DPU Flat through 17.

Gershuni commented, "WPZ announced an expectation to maintain the distribution at $0.85/qtr above UBSe of $0.765/qtr deciding to pursue... More