Oneok price target raised to $85 from $81 at Mizuho

Mizuho raised the firm’s price target on Oneok to $85 from $81 and keeps a Neutral rating on the shares. The analyst says bullish year-ahead commentary on Oneok’s Q1 update accompanied a fiscal 2024 guidance raise. The company is seeming volume momentum in the Bakken and synergy realizations are tracking above expectations, the analyst tells investors in a research note.