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Raymond James Lowers Price Target on ONEOK to $82, Maintains "Outperform" Rating
ByAinvest
Thursday, Oct 30, 2025 9:12 am ET1min read
Raymond James has reduced its price target on ONEOK (OKE) stock to $82 from $100, while maintaining an "Outperform" rating. The firm adjusted targets in the midstream suppliers group ahead of Q3 2025 prints, citing stability in diesel margins and a consensus view of oversupplied oil markets. ONEOK's strategic acquisitions and investments in high-return projects offer operating leverage and position it to capture incremental growth throughout key production regions.
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