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Oneok (OKE) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Fri May 1, 4:12AM CDT

Barclays analyst Theresa Chen maintained a Hold rating on Oneok today and set a price target of $90.00.

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According to TipRanks, Chen is a top 100 analyst with an average return of 18.8% and a 76.23% success rate. Chen covers the Energy sector, focusing on stocks such as Enterprise Products Partners, Oneok, and Kinetik.

In addition to Barclays, Oneok also received a Hold from Truist Financial’s Gabriel Daoud in a report issued yesterday. However, on the same day, Stifel Nicolaus maintained a Buy rating on Oneok (NYSE: OKE).

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Based on Oneok’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $9.62 billion and a net profit of $774 million. In comparison, last year the company earned a revenue of $8.04 billion and had a net profit of $636 million

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