Morgan Stanley Starts ONEOK (OKE) at Underweight, $40 Price Target
More News related to OKE
- ONEOK Partners (OKS) Prices 5.25M Units at $60.75/Unit
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- ONEOK Partners Announces Common Units Public Offering
- ONEOK and ONEOK Partners Fourth-Quarter and Year-End 2009 Earnings News Releases, Conference Call and Webcast Scheduled
- ONEOK (OKE) Increases Quarterly Dividend to $0.44; Yields 3.7%
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ONEOK (NYSE: OKE) shares have continued moving lower today as an analyst from Morgan Stanley has initiated coverage on the stock with an Underweight rating and $40 price target.
After opening today's trading session in positive territory, the stock is now down about 0.7% to $38.74. Despite the equivalent of a Sell rating, Morgan Stanley's price target actually represents possible upside of about 3%.
To see all the analyst calls on shares of ONEOK, visit our Analyst Ratings page.
ONEOK, Inc. engages in the purchase, transportation, storage, and distribution of natural gas in the United States and Canada.
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