JP Morgan Maintains Neutral on Duke Energy, Lowers Price Target to $97
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Christopher Turnure maintains a Neutral rating on Duke Energy (NYSE:DUK) and lowers the price target from $109 to $97.

June 08, 2023 | 2:25 pm
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NEUTRAL IMPACT
JP Morgan analyst Christopher Turnure maintains a Neutral rating on Duke Energy and lowers the price target from $109 to $97.
The news directly mentions Duke Energy (DUK) and the lowered price target by JP Morgan analyst Christopher Turnure. This may cause some investors to reconsider their positions, but the Neutral rating suggests that the stock is not expected to significantly outperform or underperform the market in the short term. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100