Truist Securities Downgrades ONEOK to Hold, Announces $68 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann has downgraded ONEOK (NYSE:OKE) from Buy to Hold and set a price target of $68.
November 02, 2023 | 12:24 pm
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ONEOK has been downgraded from Buy to Hold by Truist Securities, with a new price target of $68.
The downgrade from Buy to Hold by Truist Securities indicates a less optimistic outlook for ONEOK. This could potentially lead to a decrease in demand for the stock, negatively impacting its price in the short term. The price target of $68 provides a benchmark for investors, but it's unclear if this is higher or lower than the current price.
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