RBC Capital analyst Elvira Scotto raised the firm’s price target on Oneok to $75 from $74 and keeps a Sector Perform rating on the shares. The analyst is updating the firm’s model ahead of the company’s Q1 results to reflect a higher insurance settlement from Medford, partially offset by higher third party fractionation fees.
Published first on TheFly
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Read More on OKE:
- Oneok price target lowered to $70 from $71 at Barclays
- 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
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