Goldman Sachs Initiates Coverage On Duke Energy with Neutral Rating, Announces Price Target of $99
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Carly Davenport initiates coverage on Duke Energy (NYSE:DUK) with a Neutral rating and announces a price target of $99.

June 08, 2023 | 8:56 am
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NEUTRAL IMPACT
Goldman Sachs initiates coverage on Duke Energy with a Neutral rating and a price target of $99.
Goldman Sachs' initiation of coverage on Duke Energy with a Neutral rating suggests that the stock is fairly valued at its current price. The price target of $99 indicates that there is limited upside potential in the short term. This news is important for investors as it provides an expert opinion on the stock's valuation, but the neutral rating implies that the stock price is not expected to change significantly in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100