Morgan Stanley Maintains Buy Rating on ONEOK (OKE) Stock
ONEOK, Inc. (NYSE:OKE) is one of the Best Beaten Down Stocks to Buy According to Hedge Funds. On October 9, Robert Kad, an analyst from Morgan Stanley, maintained a “Buy” rating on the company’s stock, while the associated price target remained same at $110.00. The analyst’s rating is backed by a combination of factors demonstrating ONEOK, Inc. (NYSE:OKE)’s potential for healthy performance within the midstream sector. Despite the negative skew in oil macro risks, the analyst believes there is a dislocatio ...