Morgan Stanley Maintains Equal-Weight on Duke Energy, Lowers Price Target to $102
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 $104 to $102.

June 23, 2023 | 1:26 pm
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Morgan Stanley maintains an Equal-Weight rating on Duke Energy and lowers the price target from $104 to $102.
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 $104 to $102 may cause some investors to reevaluate their positions, but overall, the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100