Recommendations for ONEOK
Of the analysts covering ONEOK (OKE), 47% recommend a “buy,” while 53% recommend a “hold.” The median target price for ONEOK is $73, which implies an upside potential of 8% from its current price of $67.32. On August 17, Morgan Stanley raised its target price for ONEOK from $62 to $65. On August 1, UBS had raised its target price for ONEOK from $75 to $77.
Recommendations for Targa Resources
On August 17, SunTrust Robinson raised its target price for Targa Resources (TRGP) from $53 to $56. Morgan Stanley raised Targa Resources’ target price from $51 to $55. Earlier in the month, Raymond James raised Targa Resources’ target price from $56 to $58. Stifel raised the target price from $53 to $57, while RBC raised the target price from $60 to $62.
Of the analysts covering Targa Resources, 52% recommend a “hold,” while 48% recommend a “buy.” The median target price for Targa Resources is $56, which implies ~1.0% upside from its current price of $55.47.
All of the analysts covering Enterprise Products Partners (EPD) rate it as a “buy.” Meanwhile, ~71% of the analysts rate Kinder Morgan (KMI) as a “buy.” To learn more, read Enterprise Products Partners and MPLX: Analysts’ Ratings.