RBC Capital Upgrades Duke Energy to Outperform, Raises Price Target to $113
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker has upgraded Duke Energy (NYSE:DUK) from Sector Perform to Outperform and increased the price target from $101 to $113.
January 10, 2024 | 11:26 am
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Duke Energy was upgraded by RBC Capital from Sector Perform to Outperform with a raised price target from $101 to $113.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest improved performance or potential of the company. The increase in price target further reinforces the positive outlook, indicating that RBC Capital sees more value in the stock than previously estimated.
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