ONEOK (OKE) PT Lowered by Barclays to $78 Ahead of Q3 2025 Earnings Report

ONEOK Inc. (NYSE:OKE) is one of the best infrastructure stocks to buy with huge upside. On October 9, Barclays analyst Theresa Chen lowered the firm’s price target on Oneok to $78 from $83 and kept an Equal Weight rating on the shares. Barclays believes that the company’s Q3 2025 financial report will be a critical indicator of its progress on synergy targets and earnings growth capabilities.

The company’s price target was also lowered earlier on September 18 by BofA to $100 from $109, with a Buy rating on the shares. This sentiment was announced as a part of the firm’s broader update on its price targets for Integrated, Refining, and Midstream stocks. The firm expected a shift in investor focus for midstream companies after a two-year period during which the industry was incentivized to grow.

ONEOK (OKE) PT Lowered by Barclays to $78 Ahead of Q3 2025 Earnings Report

ONEOK Inc. (NYSE:OKE) is a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the US. It operates in 4 segments: Natural Gas Gathering & Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products & Crude.

While we acknowledge the potential of OKE to grow, 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 100x upside potential, check out our report about this cheapest AI stock.

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