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Oneok price target raised to $71 from $68 at Truist

Truist raised the firm’s price target on Oneok to $71 from $68 and keeps a Hold rating on the shares. The company should see “few surprises” with its upcoming earnings as Oneok had previously laid out an active pro-forma plan that appears to be on schedule, the analyst tells investors in a research note. There has been some year-to-date Bakken weather issues, but the overall impact could be relatively minimal, the firm adds.

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