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

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/28437
Published: 2026-10-08T19:09:17.000Z
Updated: 2026-10-08T19:09:17.000Z
Section: Business

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

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.