JP Morgan Maintains Neutral on Duke Energy, Raises Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Turnure has maintained a Neutral rating on Duke Energy (NYSE:DUK) and increased the price target from $98 to $101.
November 29, 2023 | 7:27 pm
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POSITIVE IMPACT
JP Morgan has maintained a Neutral rating on Duke Energy but raised the price target from $98 to $101, indicating a potential upside from the current trading level.
The increase in price target by JP Morgan suggests that the analyst sees some positive aspects in Duke Energy's outlook that could lead to a modest stock appreciation. However, the Neutral rating indicates that there may also be factors that could limit the upside, hence the score is cautiously positive.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100