BMO Capital Maintains Outperform on Duke Energy, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Thalacker has maintained an Outperform rating on Duke Energy (NYSE:DUK) and increased the price target from $95 to $103, indicating a positive outlook on the stock.
January 09, 2024 | 8:29 pm
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POSITIVE IMPACT
Duke Energy's stock may see a positive short term impact due to BMO Capital's raised price target from $95 to $103 and maintained Outperform rating.
Analyst ratings and price target adjustments are significant indicators for investors. BMO Capital's decision to raise the price target for Duke Energy reflects a bullish stance on the company's prospects, which can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100