Mizuho raises ONEOK stock price target to $91 on revised estimates

Mizuho has increased its price target for ONEOK Inc. (NYSE:OKE) to $91.00 from $89.00, maintaining a Neutral rating, due to revised estimates and higher sector multiples. The firm anticipates ONEOK will benefit from higher commodity prices and expects sentiment to track commodity prices, despite seasonal weakness in Q1 2026. Other analysts like Jefferies and Wells Fargo also recently raised their price targets for ONEOK, with the company also declaring a quarterly dividend and announcing board retirements.