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ONEOK, INC. Hits Price Target Forecast with 17.76% Profit

August 30, 2024
On April 23, 2024, QuantWave's forecasting system issued a long signal for ONEOK, INC. (NYSE: OKE) with a price target of $89.32, representing a 17.76% profit from the signal date's price of $75.85. The target was successfully reached on August 30, 2024, validating the accuracy of QuantWave's prediction.

The stock's movement can be attributed to various factors, including strong financial performance, favorable industry conditions, and overall market sentiment. ONEOK, INC. is a major player in the energy sector, with a focus on natural gas and natural gas liquids. The company's performance is closely tied to fluctuations in energy prices, demand for its products, and regulatory developments.

QuantWave's analytics played a crucial role in identifying the upward potential of ONEOK, INC. The platform's automated forecasting capabilities provide users with valuable insights into market trends, helping them make informed investment decisions. This successful forecast underscores the effectiveness of QuantWave's predictive algorithms and the opportunities it offers for generating profits in the stock market.

For investors interested in exploring QuantWave's forecasting system further, QuantSchool provides a comprehensive educational framework for understanding and utilizing the platform's insights. By learning the key principles of the QuantWave system, investors can enhance their investment strategies and potentially achieve consistent returns in the market.

Find out how the ONEOK, INC. rate is expected to change

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Other news for OKE

OKEApril 4, 2025QuantWave Achieves 19.66% Profit Target Forecast Success for ONEOK, INC.  ~1 min.

On March 20, 2025, QuantWave, the automated forecasting platform, successfully predicted a short direction for the stock of ONEOK, INC. with a price target of $79.85....

OKEApril 4, 2025ONEOK, INC. Hits Price Target Forecast with 16.15% Profit Margin  ~1 min.

QuantWave's forecast for ONEOK, INC. proved accurate as the stock reached the predicted short target on April 4, 2025. The forecast signal date of March 14, 2025, saw the stock priced at 95.23 $....

OKEMarch 22, 2025Oneok Inc. Reports Strong Third Quarter Performance Despite Market Downturn  ~2 min.

Oneok Inc., a leading energy company, has announced impressive financial results for the third quarter of 2021, defying the market downtick that has affected many other companies....

OKEMarch 21, 2025Growth in ONEOK Inc. as Multiple Companies Acquire Shares  ~1 min.

Great Lakes Advisors LLC recently purchased 3,924 shares of ONEOK Inc., further strengthening its position in the company. This move indicates growing confidence in ONEOK's future prospects....

OKEMarch 20, 2025Oneok Inc. Defies Market Dip, Gains Momentum as Projections Remain Positive  ~2 min.

Despite a slight dip in the overall market, Oneok Inc. (OKE) managed to gain traction and show promising growth today....



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OKEAugust 30, 2024ONEOK, INC. Achieves Price Target Forecast with 22.76% Profit, Validating QuantWave's Analytical Capabilities  ~1 min.

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