Mizuho Lowers ONEOK (OKE) Price Target, Keeps Neutral Rating

ONEOK, Inc. (NYSE:OKE) is one of the 14 Best Aggressive Growth Stocks to Buy According to Analysts. On July 9, Mizuho reduced its price target for ONEOK, Inc. (NYSE:OKE) from $107 to $87 and kept the rating as Neutral.

Mizuho expects ONEOK, Inc. (NYSE:OKE) to experience sequential quarter-over-quarter improvement for the rest of 2025 and into 2026. This growth is expected to be supported by growth project start-ups, seasonality, and synergies.

Mizuho Lowers ONEOK (OKE) Price Target, Keeps Neutral Rating

An aerial view of a large natural gas transmission pipeline network in an industrialized landscape.

Despite this, Mizuho is cautious about the company’s long-term growth. The firm noted that while ONEOK, Inc. (NYSE:OKE) may have greater leverage to the Permian Basin, its overall position is still smaller than other integrated natural gas liquids (NGL) companies.

Additionally, the research firm noted that the company’s organic growth projects might not lead to immediate earnings gains. It could take some time for production volumes to increase on the underlying assets and impact earnings.

ONEOK, Inc. (NYSE:OKE) is an American oil and gas midstream operator that specializes in gathering, processing, fractionation, transportation, storage, and marine export services.

While we acknowledge the potential of OKE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than OKE and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.