Oneok price target raised to $82 from $76 at Barclays

Barclays analyst Theresa Chen raised the firm’s price target on Oneok (OKE) to $82 from $76 and keeps an Equal Weight rating on the shares after meeting with management. Oneok’s “diversified footprint and significant operating leverage position the company to capture upside from incremental gas demand across lower-tier basins over time,” the analyst tells investors in a research note.