BMO Capital Maintains Outperform on Duke Energy, Lowers Price Target to $101
Portfolio Pulse from richadhand@benzinga.com
BMO Capital's analyst James Thalacker has maintained an 'Outperform' rating on Duke Energy (DUK), but lowered the price target from $102 to $101.
July 06, 2023 | 11:42 am
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NEUTRAL IMPACT
Duke Energy's price target has been lowered from $102 to $101 by BMO Capital, though the 'Outperform' rating is maintained.
The news is directly about Duke Energy. While the lowering of the price target might seem negative, the maintenance of the 'Outperform' rating indicates that BMO Capital still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100