JP Morgan Maintains Overweight on ONEOK, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet has maintained an Overweight rating on ONEOK (NYSE:OKE) and increased the price target from $81 to $85.
March 13, 2024 | 12:48 pm
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POSITIVE IMPACT
JP Morgan analyst Jeremy Tonet reaffirmed an Overweight rating on ONEOK and raised the price target from $81 to $85.
The upgrade in the price target by a reputable analyst like Jeremy Tonet from JP Morgan is a strong positive signal for ONEOK. It suggests a bullish outlook on the stock, based on the analyst's research and market analysis. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100