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ONEOK, INC. Hits Price Target Forecast on QuantWave with 13.98% Profit Margin

June 16, 2022
On May 18, 2022, QuantWave, the automated forecasting platform, generated a short signal for ONEOK, INC. with a price of $55.17. Fast forward to June 16, and the stock reached the forecasted target price of $47.46, resulting in a profit margin of 13.98%. This success showcases the effectiveness of QuantWave's analytics in predicting stock movements.

The market analysis reveals that ONEOK, INC. experienced a downward trend during this period, potentially influenced by factors such as changes in the energy sector, market volatility, and external economic conditions. Despite these challenges, QuantWave's accurate forecasting capabilities allowed users to capitalize on the short signal, reaping significant profits.

QuantWave continues to provide valuable insights and predictions for a wide range of stocks, presenting lucrative opportunities for investors. For those interested in delving deeper into the investment strategy behind QuantWave, QuantSchool offers a wealth of educational resources. QuantSchool's professional investment framework unveils the essential principles for generating consistent income using QuantWave's forecasting system, empowering users to make informed investment decisions.

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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