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Analysts Offer Insights on Energy Companies: Enterprise Products Partners (EPD) and Oneok (OKE)

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Enterprise Products Partners (EPDResearch Report) and Oneok (OKEResearch Report) with bullish sentiments.

Enterprise Products Partners (EPD)

In a report released yesterday, Michael Blum from Wells Fargo maintained a Buy rating on Enterprise Products Partners, with a price target of $33.00. The company’s shares closed last Wednesday at $27.74.

According to TipRanks.com, Blum is a 5-star analyst with an average return of 8.9% and a 62.9% success rate. Blum covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Cheniere Energy Partners, and Plains All American.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Enterprise Products Partners with a $33.27 average price target, which is a 18.4% upside from current levels. In a report issued on April 22, RBC Capital also maintained a Buy rating on the stock with a $35.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Oneok (OKE)

In a report released yesterday, Neel Mitra from Bank of America Securities reiterated a Buy rating on Oneok, with a price target of $88.00. The company’s shares closed last Wednesday at $76.92.

According to TipRanks.com, Mitra is a 3-star analyst with an average return of 2.5% and a 61.8% success rate. Mitra covers the NA sector, focusing on stocks such as Enterprise Products Partners, Plains All American, and Targa Resources.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oneok with a $83.93 average price target, representing an 8.2% upside. In a report issued on April 16, Stifel Nicolaus also maintained a Buy rating on the stock with a $88.00 price target.

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