Core Viewpoint - ONEOK, Inc. (NYSE:OKE) is recognized as one of the best pipeline and MLP stocks to buy in 2026, despite mixed analyst ratings and a recent decline in price targets [1]. Analyst Ratings - Morgan Stanley analyst Robert Kad lowered the price target for ONEOK from $107 to $104 while maintaining an Overweight rating, citing the energy sector's strong performance due to favorable commodity prices [2]. - Conversely, JPMorgan analyst Jeremy Tonet downgraded ONEOK from Overweight to Neutral, reducing the price target from $87 to $83, indicating that the company did not meet its EBITDA guidance amid weak macroeconomic conditions [3]. Company Overview - ONEOK, Inc., established in 1906, is a leading energy infrastructure company based in Oklahoma, operating a vast 60,000-mile pipeline network that provides gathering, processing, and transportation services for natural gas, NGLs, refined products, and crude oil across North America [4].