Scotiabank analyst Tristan Richardson initiated coverage of Oneok with a Sector Perform rating and $74 price target as the firm rolled out coverage on seven U.S. energy infrastructure companies with a positive view. Scotiabank sees "a much more stable landscape than midstream had been used to for the past five years," which presents an opportunity for outperformance from the group.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on OKE:
- Oneok price target raised to $70 from $66 at Mizuho
- ONEOK Announces 28% Increase in Fourth Quarter 2022 Net Income and 15% Increase in Full-year 2022 Net Income
- Oneok sees FY23 EPS $5.03-$5.69, consensus $4.67
- Oneok reports Q4 EPS $1.08, consensus $1.03
- J.P. Morgan Pounds the Table on These 2 Reliable Dividend Stocks