Raymond James analyst J.R. Weston lowered the firm’s price target on Oneok (OKE) to $110 from $115 and keeps an Outperform rating on the shares. The story for Oneok in Q2 is the rebound off of challenging weather and volume impacts in Q1, along with the transition to what projects to be an active second half of 2025 for project ramps, synergy capture, and traditional seasonal improvements, the analyst tells investors in a research note.
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