Oneok price target lowered to $76 from $78 at Barclays

Barclays lowered the firm’s price target on Oneok (OKE) to $76 from $78 and keeps an Equal Weight rating on the shares. The firm adjusted targets in midstream and refining into the Q4 earnings reports. The liquids-exposed names remain “beholden to the macro environment,” but the gas-focused operators continue to benefit from a fundamentally constructive outlook, the analyst tells investors in a research note.