Barclays lowered the firm’s price target on Oneok to $70 from $71 and keeps an Equal Weight rating on the shares. The analyst says producer commentary around the near-term gas production outlook is in focus heading into the Q1 earnings season for North America midstream and refining. The firm says macro factors are largely driving equity price performance in the current market.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on OKE:
- Oneok upgraded to Buy from Neutral at Citi
- JPMorgan Says Buy These 2 High-Yield Dividend Stocks — Including One With a 9% Yield
- Oneok initiated with a Sector Perform at Scotiabank
- 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
