Truist Securities Maintains Hold on ONEOK, Raises Price Target to $71-Report Released on 30 January 2024
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann has maintained a Hold rating on ONEOK (NYSE:OKE) and increased the price target from $68 to $71, as reported on January 30, 2024.
January 31, 2024 | 7:26 pm
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Truist Securities analyst Neal Dingmann maintains a Hold rating on ONEOK and raises the price target from $68 to $71.
The increase in price target by Truist Securities reflects a positive outlook on ONEOK's valuation, which could be seen as a bullish signal by investors. However, since the rating remains a Hold, the immediate impact on the stock price may be neutral as the market has not received a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100