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Stock Market & Financial Investment News

News Breaks
February 26, 2014
07:49 EDTOKEONEOK weakness overdone, says BMO Capital
After ONEOK's stock fell 4% yesterday, BMO Capital thinks the decline was due to fears that recent propane price volatility may not give the company as great a boost as previously thought. The firm estimates that the company only stood to obtain $50M from such volatility, and it consequently believes that the decline in the stock yesterday was overdone. It raised its price target on the shares to $62 from $58 and keeps an Outperform rating on the stock.
News For OKE From The Last 14 Days
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January 22, 2016
09:30 EDTOKEOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 8point3 Energy (CAFD) downgraded to Underweight from Equal Weight at Barclays... American Express (AXP) downgraded to Market Perform from Outperform at Keefe Bruyette... Baidu (BIDU) downgraded to Neutral from Buy at Nomura... CONSOL (CNX) downgraded to Equal Weight from Overweight at Morgan Stanley... Cardiovascular Systems (CSII) downgraded to Underperform at Needham... DDR Corp. (DDR) downgraded to Neutral from Buy at SunTrust... Energy Transfer Partners (ETP) downgraded to Perform from Outperform at Oppenheimer... Foresight Energy (FELP) downgraded to Equal Weight at Morgan Stanley... LDR Holding (LDRH) downgraded to Market Perform from Outperform at Wells Fargo... MGIC Investment (MTG) downgraded to Buy from Conviction Buy at Goldman... Mid-America Apartment (MAA) downgraded to Neutral from Buy at SunTrust... ONEOK Partners (OKS) downgraded to Perform from Outperform at Oppenheimer... ONEOK (OKE) downgraded to Perform from Outperform at Oppenheimer... Pengrowth Energy (PGH) downgraded to Sector Perform from Outperform at Scotiabank... Rocky Brands (RCKY) downgraded to Neutral from Outperform at Baird... Skechers (SKX) downgraded to Neutral from Positive at Susquehanna... TerraForm Global (GLBL) downgraded to Equal Weight from Overweight at Barclays... UniCredit (UNCFF) downgraded to Neutral from Buy at Nomura... WP Glimcher (WPG) downgraded to Neutral from Buy at SunTrust.
06:59 EDTOKEONEOK downgraded to Perform from Outperform at Oppenheimer
Oppenheimer analyst Bernard Colson downgraded ONEOK to Perform as part of a more defensive stance on all MLPs given the current environment. Colson maintained his $27 price target on ONEOK shares.

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