B of A Securities Maintains Buy on Duke Energy, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith maintains a Buy rating on Duke Energy (NYSE:DUK) and lowers the price target from $112 to $110.
June 12, 2023 | 9:12 am
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Duke Energy's price target has been lowered from $112 to $110 by B of A Securities, but the Buy rating is maintained.
B of A Securities analyst Julien Dumoulin-Smith has maintained a Buy rating on Duke Energy (NYSE:DUK) but lowered the price target from $112 to $110. This change in price target may not have a significant short-term impact on the stock price, as the Buy rating is still maintained, indicating a positive outlook for the company. However, the lowered price target may slightly affect investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100