12 Analysts Assess ONEOK: What You Need To Know
Portfolio Pulse from Benzinga Insights
In the past three months, 12 analysts have provided ratings for ONEOK (NYSE:OKE), with a mix of bullish and indifferent perspectives. The average 12-month price target has increased to $95.75, up 10.06% from the previous $87.00. Analysts have raised their price targets, reflecting positive sentiment towards ONEOK's market position and financial performance, despite challenges in profitability and returns.
October 17, 2024 | 6:01 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 to $95.75, indicating a potential upside. Despite challenges in profitability and returns, the company's strong market position and revenue growth are seen favorably.
The increase in the average price target and the positive sentiment from multiple analysts suggest a likely short-term price increase for ONEOK. The company's strong revenue growth and market position contribute to this optimism, despite some challenges in profitability metrics.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100