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Analysts Offer Insights on Energy Companies: Oneok (OKE) and Karoon Energy Ltd (OtherKRNGF)

Tipranks - Sat Mar 14, 11:30PM CDT

Analysts fell to the sidelines weighing in on Oneok (OKEResearch Report) and Karoon Energy Ltd (KRNGFResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Oneok (OKE)

Wells Fargo analyst Michael Blum maintained a Hold rating on Oneok yesterday and set a price target of $81.00. The company’s shares closed last Friday at $85.36.

According to TipRanks.com, Blum is a 5-star analyst with an average return of 15.3% and a 71.0% success rate. Blum covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Venture Global, Inc. Class A, and Enterprise Products Partners. ;'>

Currently, the analyst consensus on Oneok is a Moderate Buy with an average price target of $88.00, which is a 3.5% upside from current levels. In a report issued on February 26, TD Cowen also maintained a Hold rating on the stock with a $74.00 price target.

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Karoon Energy Ltd (KRNGF)

RBC Capital analyst Gordon Ramsay CFA maintained a Hold rating on Karoon Energy Ltd yesterday and set a price target of A$2.00. The company’s shares closed last Monday at $1.31, close to its 52-week high of $1.32.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 3.8% and a 49.3% success rate. CFA covers the NA sector, focusing on stocks such as Carnarvon Energy Limited, Amplitude Energy, and Santos Limited. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Karoon Energy Ltd with a $1.35 average price target, a 3.1% upside from current levels. In a report issued on February 26, TipRanks – Anthropic also initiated coverage with a Hold rating on the stock with a A$2.00 price target.

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