Jefferies Upgrades ONEOK to Buy with $98 Price Target Amid War Duration and Structural Crude Risk Premium

Friday, Mar 20, 2026 1:12 pm ET1min read
OKE--

Jefferies has upgraded ONEOK to Buy from Hold with a $98 price target, citing the increased odds of a higher structural crude risk premium due to the war duration. The upgrade has led to a 3% increase in ONEOK's stock price.

Jefferies Upgrades ONEOK to Buy with $98 Price Target Amid War Duration and Structural Crude Risk Premium

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