Wells Fargo Maintains Overweight on ONEOK, Lowers Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Blum has maintained an Overweight rating on ONEOK (NYSE:OKE), but lowered the price target from $75 to $73.
August 11, 2023 | 2:13 pm
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Wells Fargo has maintained an Overweight rating on ONEOK, but lowered the price target from $75 to $73.
The news is directly related to ONEOK as Wells Fargo has maintained an Overweight rating on the company but lowered the price target. This could potentially impact the stock's performance in the short term as investors adjust their expectations based on the new price target. However, the Overweight rating suggests that the analyst still sees potential upside for the stock, which could balance out the impact of the lower price target.
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IMPORTANCE 80
RELEVANCE 100