Oneok price target raised to $81 from $77 at Wells Fargo

Wells Fargo raised the firm’s price target on Oneok to $81 from $77 and keeps an Overweight rating on the shares. The firm notes the company reported a Q4 beat and 2024 guidance was roughly in-line. Wells sees upside to 2025 consensus EBITDA and projects double-digit total return under Oneok’s capital return framework.