Morgan Stanley Maintains Equal-Weight on Duke Energy, Lowers Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on Duke Energy (NYSE:DUK) and lowers the price target from $108 to $104.

May 22, 2023 | 12:14 pm
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Morgan Stanley maintains an Equal-Weight rating on Duke Energy and lowers the price target from $108 to $104.
Morgan Stanley's decision to maintain an Equal-Weight rating on Duke Energy indicates a neutral outlook for the stock. However, the lowered price target from $108 to $104 may cause some short-term uncertainty among investors, but it is not expected to have a significant impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100