On March 1, Stifel raised its target price for ONEOK (OKE) from $58 to $69. On February 27, Mizuho raised its target price for the stock from $70 to $73. Among the 21 analysts surveyed by Reuters covering ONEOK, eight recommended a “strong buy,” five recommended a “buy,” and eight recommended a “hold.” The mean target price for ONEOK is $70.6, which implies an upside potential of ~8% from its current price.
The above graph shows how analysts’ recommendations for ONEOK have changed over 12 months. More analysts rate the stock as a “buy” or “strong buy” than six months ago.
UBS upgraded AmeriGas Partners
On February 25, UBS raised its rating for AmeriGas Partners (APU) from “sell” to “neutral.” UBS raised its target price for AmeriGas Partners from $23 to $31. Among the seven analysts covering AmeriGas Partners, two recommended a “strong buy,” three recommended a “hold,” and two recommended a “sell.” The mean target price for the stock is $34.2.
Enbridge’s (ENB) Line 3 Replacement project is expected to be delayed due to pending regulatory approvals. To learn more, read Enbridge’s Line 3 Replacement Project Gets Delayed.