ONEOK

JP Morgan has raised the price target on ONEOK, Inc. (NYSE: OKE) from $53 to $68 and maintains its Neutral rating.

ONEOK Partners, L.P. (NYSE: OKS) adjusted EBITDA of $220.8 million was “5% below our $232 million estimate but was inline with the consensus estimate,” Citigroup reports. Downside was mainly a result of lower than expected volumes in the NGL segment. “Distributable cash flow of $156.0 million...