Analyst Expectations for Duke Energy's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Duke Energy (DUK) in the last quarter, with 2 bullish, 4 somewhat bullish, and 6 indifferent. The company has an average 12-month price target of $103.0, a decrease of 3.83% from the previous average price target of $107.10.
August 09, 2023 | 5:02 pm
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NEGATIVE IMPACT
Duke Energy's average 12-month price target has decreased by 3.83% to $103.0, according to analysts.
The decrease in the average 12-month price target for Duke Energy indicates a potential negative short-term impact on the stock. This is because the price target is used by investors to gauge the potential future price of a stock, and a decrease in this target could suggest that analysts are less optimistic about the company's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100