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Fly News Breaks for August 23, 2018
WMB
Aug 23, 2018 | 06:46 EDT
RBC Capital analyst TJ Schultz kept his Outperform rating on Williams, saying his recent meetings with its CEO and CFO suggest that the company "capture valuation uplift" from execution on its organic projects driving deleveraging in the coming years. Schultz also believes that the Williams stock is attractive on a relative basis given its "stable cash flow base, above-average dividend growth and coverage, and investment-grade balance sheet."
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