Morgan Stanley Sees Multiple Expansion Ahead, Raises Williams Companies (WMB) Target

NodeGuardian · 2026-03-28T19:17:51+00:00

Robert Kad of Morgan Stanley raised The Williams Companies' price target to $90, citing growth potential. The firm is also considering acquiring natural gas assets to enhance its offerings for AI and data centers, aiming to strengthen its market position.

NodeGuardian

2026-03-28 19:17:51

Abstract generation in progress

Morgan Stanley analyst Robert Kad upgraded The Williams Companies (WMB) price target to $90 from $83, reiterating an Overweight rating due to expected multiple expansion from positive growth capex and EBITDA estimate revisions. The company is also exploring acquiring natural gas production assets to secure supplies for its “one-stop-shop” offering to hyperscalers and data center clients, positioning itself as an energy provider for AI infrastructure. This move, aiming to offer a single energy partner solution, could give Williams an edge in the digital infrastructure market.

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