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Oneok price target lowered to $102 from $110 at Citi

Citi lowered the firm’s price target on Oneok (OKE) to $102 from $110 and keeps a Buy rating on the shares. The firm trimmed estimates to reflect a potential activity slowdown but still sees “compelling upside” in the shares. The stock is down nearly 20% year-to-date and is trading at the lowest multiple among large-cap C-Corp peers, the analyst tells investors in a research note.

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