Evercore ISI Group Upgrades Duke Energy to Outperform, Raises Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Durgesh Chopra upgraded Duke Energy (NYSE:DUK) from In-Line to Outperform and increased the price target from $90 to $108, indicating a positive outlook on the company's stock.
January 23, 2024 | 2:13 pm
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Duke Energy was upgraded by Evercore ISI Group from In-Line to Outperform with a raised price target from $90 to $108, suggesting a bullish stance on the stock.
Upgrades by analysts, especially from a neutral to a positive rating, typically signal confidence in a company's future performance and can lead to increased investor interest and a potential rise in stock price in the short term. The increase in price target further reinforces the positive outlook.
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