Keybanc Maintains Overweight on Duke Energy, Lowers Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Sophie Karp has maintained an Overweight rating on Duke Energy (NYSE:DUK), but lowered the price target from $109 to $96.
October 05, 2023 | 11:18 am
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Duke Energy's price target has been lowered from $109 to $96 by Keybanc, though the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in the stock's value. However, the maintained Overweight rating suggests that the stock is still expected to outperform. This mixed signal could lead to short-term uncertainty and potential downward pressure on the stock price.
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