BMO Capital Maintains Outperform on Duke Energy, Lowers Price Target to $98
Portfolio Pulse from jenniferd'souza@benzinga.com
BMO Capital analyst James Thalacker has maintained an 'Outperform' rating on Duke Energy (DUK), but lowered the price target from $105 to $98.

August 09, 2023 | 2:18 pm
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Duke Energy's price target has been lowered from $105 to $98 by BMO Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100