Oneok price target raised to $92 from $90 at Raymond James

Raymond James analyst J.R. Weston raised the firm’s price target on Oneok (OKE) to $92 from $90 and keeps an Outperform rating on the shares. Oneok delivered a solid Q1 beat-and-raise supported by macro tailwinds and operational optimization, but the market reaction remained muted the durability of near-term improvements was questioned, the analyst tells investors in a research note.