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Fly News Breaks for January 12, 2017
OKE
Jan 12, 2017 | 08:21 EDT
Jefferies analyst Christopher Sighinolfi downgraded ONEOK to Underperform citing valuation and keeps a $46 price target for the shares. Investors are pricing in an ethane recovery in the Bakken and/or an improved commodity outlook, neither of which may significantly impact the company's results, Sighinolfi contends.
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