BMO Capital Maintains Outperform on Duke Energy, Lowers Price Target to $99
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Thalacker maintains an Outperform rating on Duke Energy (DUK) but lowers the price target from $101 to $99.

April 16, 2024 | 2:32 pm
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BMO Capital maintains an Outperform rating on Duke Energy but lowers the price target from $101 to $99.
The adjustment in price target by BMO Capital, while maintaining an Outperform rating, suggests a slight recalibration of expectations rather than a fundamental shift in Duke Energy's outlook. The reduction in price target might reflect minor concerns or market adjustments, but the continued Outperform rating indicates a positive view on the company's future performance. This could lead to a neutral short-term impact on the stock as investors digest the implications of the adjusted price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100