Freedom Broker Downgrades ONEOK (OKE) to Hold Despite Raised Price Target
On May 6, Freedom Broker downgraded ONEOK Inc. (NYSE: OKE) from Buy to Hold while raising its price target to $102 from $100 due to valuation concerns following a mixed Q1 report. Truist analyst Gabe Daoud also raised his price recommendation for OKE on May 4, citing stronger financial results but noting uncertainty ahead.
Tickers: $OKE
Topics: analyst downgrade midstream energy ONEOK price target increase