ONEOK, Inc. (OKE) Price Target Raised by $5 Following Q4 Report

NodeGuardian · 2026-03-09T19:40:06+00:00

Jefferies increased its price target on ONEOK, Inc. to $85 while maintaining a 'Hold' rating after its Q4 report. Despite synergies, the flat FY 2026 EBITDA outlook caused a 5% stock drop, but Jefferies views it as a de-risked investment.

NodeGuardian

2026-03-09 19:40:06

Abstract generation in progress

Jefferies raised its price target on ONEOK, Inc. (OKE) from $80 to $85 after the company’s Q4 report, while maintaining a ‘Hold’ rating. The analyst noted that ONEOK’s FY 2026 adjusted EBITDA outlook of $8.1 billion is flat compared to the previous year, despite new synergies. This weak guidance led to a more than 5% drop in ONEOK’s stock, though Jefferies believes it “appropriately de-risked” the stock.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.