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Jefferies Downgrades ONE Gas to Hold and Cuts Target to $80

ONE Gas shares slipped 0.7% in Thursday trading after the price target fell $23 from $103.

Pipeline valve beside a lowered metal price marker / TokenPost.ai
Pipeline valve beside a lowered metal price marker / TokenPost.ai

Jefferies downgraded ONE Gas (OGS) to Hold from Buy on Oct. 8 and cut its price target to $80 from $103, a $23 reduction.

Shares of the natural gas distribution utility slipped 0.7% in Thursday trading.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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