Oneok resumed with a Buy at Citi

Citi analyst Spiro Dounis resumed coverage of Oneok (OKE) with a Buy rating and $110 price target Recent acquisitions have transformed Oneok into a more integrated and diversified company better positioned to capture market share, the analyst tells investors in a research note. The firm says the recently announced liquefied petroleum gas export facility creates a fully integrated and scalable wellhead-to-water natural gas liquids system out of the Permian.