Barclays Maintains Overweight on Duke Energy, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella maintains an Overweight rating on Duke Energy and raises the price target from $102 to $118.
October 01, 2024 | 3:53 pm
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Barclays analyst Nicholas Campanella has maintained an Overweight rating on Duke Energy and increased the price target from $102 to $118, indicating a positive outlook on the stock.
The increase in the price target from $102 to $118 by Barclays suggests a positive outlook for Duke Energy's stock. The Overweight rating indicates that the analyst expects the stock to outperform the market. This is likely to have a positive short-term impact on the stock price as investors may view this as a strong endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100