Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for ONEOK Inc (NYSE: OKE) improved of late. OKE’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
ONEOK Inc (NYSE: OKE) stock closed at $101.75 on 1/10/25 after a modest decline of -1.1%. NORMAL trading volume accompanied the decline. The stock has risen 1.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ONEOK has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. ONEOK has a slightly negative Appreciation Score of 39 but a very high Power Rating of 91, resulting in the Positive Value Trend Rating.
Be the first to comment