Morgan Stanley Reiterates Equal-Weight on Duke Energy, Maintains $102 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has reiterated an Equal-Weight rating on Duke Energy (NYSE:DUK) and maintained a price target of $102.
July 21, 2023 | 2:17 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Duke Energy and maintained a price target of $102.
The reiteration of the Equal-Weight rating and price target by Morgan Stanley indicates that the analyst sees the stock as fairly valued at current levels. This is unlikely to have a significant impact on the stock's price in the short term, but it does reaffirm the analyst's confidence in the company's fundamentals.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100