Scotiabank Maintains Sector Outperform on ONEOK, Raises Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Tristan Richardson has maintained a Sector Outperform rating on ONEOK (NYSE:OKE) and increased the price target from $88 to $102.
August 30, 2024 | 3:35 pm
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POSITIVE IMPACT
Scotiabank has increased its price target for ONEOK from $88 to $102, maintaining a Sector Outperform rating. This suggests a positive outlook for the stock.
The increase in price target from $88 to $102 by Scotiabank indicates a strong positive sentiment towards ONEOK's future performance. Maintaining a Sector Outperform rating suggests that the analyst expects the stock to perform better than its peers, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100