JPMorgan raised the firm’s price target on Oneok (OKE) to $97 from $94 and keeps an Overweight rating on the shares. After speaking with the company, marking to market commodity prices, and updating for the Delaware Basin JV buy-in, the firm forecasts Q2 adjusted EBITDA of $2.003B, which it says compares to the $2.0B average Street estimate.
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