B of A Securities Maintains Buy on Duke Energy, Lowers Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith has maintained a Buy rating on Duke Energy (NYSE:DUK) but lowered the price target from $104 to $103.
December 22, 2023 | 12:07 pm
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NEUTRAL IMPACT
Duke Energy's Buy rating is maintained by B of A Securities, but the price target is reduced from $104 to $103.
The reduction in price target is marginal, suggesting a slight adjustment rather than a significant change in the company's outlook. The maintained Buy rating indicates continued confidence in the company's performance. The impact on the stock price is likely to be neutral in the short term as the price target change is minimal and does not suggest a major shift in the company's valuation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100