Keybanc Maintains Overweight on Duke Energy, Lowers Price Target to $109
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Sophie Karp has maintained an Overweight rating on Duke Energy (NYSE:DUK), but lowered the price target from $113 to $109.
July 19, 2023 | 8:22 am
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Duke Energy's price target has been lowered from $113 to $109 by Keybanc, though the Overweight rating is maintained.
The lowering of the price target by Keybanc could potentially create a negative sentiment among investors, but the maintained Overweight rating indicates that the analyst still sees potential in the stock. This mixed signal could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100