Expert Outlook: ONEOK Through The Eyes Of 8 Analysts
Portfolio Pulse from Benzinga Insights
ONEOK (NYSE:OKE) has been analyzed by 8 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target has increased by 5.53% to $85.88. Analysts have recently raised their price targets, reflecting positive sentiment. ONEOK has shown a positive revenue trend but faces challenges in profitability and returns on equity and assets.
June 10, 2024 | 3:00 pm
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POSITIVE IMPACT
ONEOK has received a range of analyst ratings from bullish to bearish, with a recent increase in the average 12-month price target to $85.88. Analysts have raised their price targets, indicating positive sentiment. However, the company faces challenges in profitability and returns on equity and assets.
The increase in the average 12-month price target and the positive sentiment from analysts suggest a likely short-term price increase for ONEOK. However, the company's challenges in profitability and returns may temper the extent of this positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100