UBS Sticks to Their Buy Rating for Oneok (OKE)
UBS analyst Manav Gupta maintained a Buy rating on Oneok today and set a price target of $108.00.
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According to TipRanks, Gupta is a 5-star analyst with an average return of 17.4% and a 70.13% success rate. Gupta covers the Energy sector, focusing on stocks such as Exxon Mobil, Valero Energy, and Imperial Oil.
In addition to UBS, Oneok also received a Buy from TipRanks – Google’s Google Oil and Gas Midstream in a report issued today. However, yesterday, J.P. Morgan assigned a Hold rating to Oneok (NYSE: OKE).
Based on Oneok’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $9.07 billion and a net profit of $979 million. In comparison, last year the company earned a revenue of $7 billion and had a net profit of $923 million
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