Are The Williams Companies Inc.’s (WMB) stock prices rising too high?

Truist raised the price target for the The Williams Companies Inc. (NYSE:WMB) stock to ‘a Buy’. The rating was released on May 02, 2023, according to finviz. We previously noted in another research note published on December 17, 2021 by Citigroup that downgraded the stock from a Buy to a Neutral with a price target of $27 for WMB stock. The research report from Wolfe Research has downgraded the stock from Outperform to Peer Perform, with a price target set at $29. The stock was resumed by BofA Securities, who disclosed in a research note on September 28, 2021, to Buy and set the price objective to $31.