Morgan Stanley Maintains Equal-Weight on ONEOK, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Robert Kad has maintained an Equal-Weight rating on ONEOK (NYSE:OKE) and increased the price target from $84 to $85.
March 26, 2024 | 4:02 pm
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Morgan Stanley maintains an Equal-Weight rating on ONEOK and raises the price target from $84 to $85.
The increase in price target by Morgan Stanley suggests a positive outlook on ONEOK's stock, potentially leading to a short-term increase in its stock price. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector, but the raised target suggests some optimism.
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IMPORTANCE 75
RELEVANCE 100