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Oneok (OKE) Gets a Hold from J.P. Morgan

Tipranks - Tipranks - Wed Mar 4, 6:14AM CST

In a report released today, Jeremy Tonet from J.P. Morgan maintained a Hold rating on Oneok, with a price target of $85.00.

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According to TipRanks, Tonet is a 5-star analyst with an average return of 9.5% and a 61.87% success rate. Tonet covers the Energy sector, focusing on stocks such as Oneok, Cheniere Energy, and Enbridge.

In addition to J.P. Morgan, Oneok also received a Hold from Jefferies’s Julien Dumoulin Smith in a report issued yesterday. However, on February 25, TipRanks – Google reiterated a Buy rating on Oneok (NYSE: OKE).

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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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