Information Provided By: 
Fly News Breaks for July 5, 2017
OKE
Jul 5, 2017 | 07:10 EDT
As noted earlier, BMO Capital upgraded Oneok to Outperform from Market Perform. Analyst Danilo Juvane says that the large increase in the percentage of the company's EBITDA coming from fee-based and take-or-pay assets in the past few years has significantly lowered the company's risk. The analyst adds that concerns about weakening oil prices' impact on the company are "overblown." Juvane says that lower oil prices probably won't affect its guidance for a 9-11% dividend CAGR through 2021 post the MLP roll-up. Target to $59 from $53.
News For OKE From the Last 2 Days
