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 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 as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.