RBC Capital Maintains Sector Perform on Duke Energy, Lowers Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker has maintained a 'Sector Perform' rating on Duke Energy (DUK) but lowered the price target from $104 to $101.
September 06, 2023 | 3:53 pm
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Duke Energy's price target has been lowered from $104 to $101 by RBC Capital, though the 'Sector Perform' rating is maintained.
The lowering of the price target by RBC Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the 'Sector Perform' rating indicates that the analyst still sees the stock as a solid performer in its sector, which could offset some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100