Morgan Stanley Maintains Equal-Weight on Duke Energy, Lowers Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on Duke Energy (NYSE:DUK) but lowers the price target from $103 to $98.
June 24, 2024 | 2:48 pm
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Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on Duke Energy but lowers the price target from $103 to $98.
The lowered price target from $103 to $98 by Morgan Stanley suggests a less optimistic outlook for Duke Energy's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
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