A Closer Look at 11 Analyst Recommendations For ONEOK
Portfolio Pulse from Benzinga Insights
Over the past three months, 11 analysts have evaluated ONEOK (NYSE:OKE), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased by 8.46% to $94.36. Analysts have raised their price targets, reflecting a positive outlook. Despite revenue growth, ONEOK faces challenges with profitability and returns.
September 16, 2024 | 8:00 pm
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POSITIVE IMPACT
Analysts have shown a positive shift in sentiment towards ONEOK, with an increase in the average price target by 8.46% to $94.36. Despite strong revenue growth, ONEOK faces challenges with profitability and returns.
The increase in the average price target by 8.46% indicates a positive outlook from analysts, which is likely to boost investor confidence and potentially drive the stock price up in the short term. However, challenges in profitability and returns may temper long-term enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100