RBC Capital Lowers ONEOK Price Target to $88, Maintains Sector Perform Rating

Reported 1 day ago

RBC Capital has reduced the price target for ONEOK, Inc. (OKE) from $94 to $88 while maintaining a Sector Perform rating due to anticipated challenges in commodity prices in 2026. Despite this adjustment, RBC acknowledges the company’s solid growth strategy and performance, noting its strong second-quarter earnings and reaffirmed financial outlook. ONEOK continues to be recognized as a leading midstream operator with a diverse asset base.

Source: YAHOO

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