Fly News Breaks for March 2, 2020
Mar 2, 2020 | 08:46 EDT
As reported previously, Baird analyst Ethan Bellamy upgraded Oneok to Outperform from Neutral with a price target of $79, down from $80. The analyst said the selloff on the COVID concern is overdone, but it has given the shares a better risk/reward. Catalysts include 25%+ EBITDA growth and $900M of new projects adding 20% + growth in 2021.
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