Raymond James and
Wells Fargo have both reduced their price targets on
ONEOK (OKE) stock, painting a cautious forecast. However, despite reduced targets, ONEOK has posted
record results, successfully beating estimates for its Q3 2025 earnings. The company's strong financial performance and
strategic execution throughout this quarter reaffirmed its
2025 Net Income and Adjusted EBITDA guidance ranges. Consequently, the firm’s upbeat guidance could shape the investment case positively. Despite a decline in margins and slower earnings growth, ONEOK's stock seems to remain a potential investment option. This belief is supported by the unchanged dividend pointing towards a sense of confidence in the company's financial health. A few investment companies, including
Bessemer Group Inc. and
Carret Asset Management LLC, bought shares in ONEOK, affirming faith in the firm. On the other hand, entities like
Envestnet Asset Management Inc and
Teacher Retirement System of Texas have reduced their holdings on ONEOK stock while
TD Cowen and
Barclays have both lowered ONEOK's price target anticipating stock market challenges. Surpassing Q3 income estimates and strong overall performance could make ONEOK an attractive addition to investment portfolio.
Oneok OKE News Analytics from Mon, 28 Jul 2025 07:00:00 GMT to Sat, 01 Nov 2025 20:37:57 GMT -
Rating 5
- Innovation -2
- Information 7
- Rumor 1
