Barclays Initiates Coverage On Duke Energy with Overweight Rating, Announces Price Target of $96
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Eric Beaumont has initiated coverage on Duke Energy (NYSE:DUK) with an Overweight rating and a price target of $96.
August 23, 2023 | 9:14 am
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Barclays has initiated coverage on Duke Energy with an Overweight rating and a price target of $96, indicating a positive outlook for the company.
The Overweight rating from Barclays indicates that they believe Duke Energy's stock will outperform the average return of the stocks they cover. The price target of $96 suggests they expect the stock price to rise. This is likely to have a positive impact on Duke Energy's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100