Wells Fargo Maintains Overweight on Duke Energy, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton has maintained an Overweight rating on Duke Energy (DUK) but has lowered the price target from $103 to $100.
February 09, 2024 | 2:12 pm
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Wells Fargo maintains an Overweight rating on Duke Energy but lowers the price target from $103 to $100.
The adjustment in price target by Wells Fargo, while maintaining an Overweight rating, suggests a continued positive outlook on Duke Energy but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised target alongside the maintained positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90