Mizuho analyst Anthony Crowdell lowered the firm’s price target on Duke Energy to $92 from $107 and keeps a Neutral rating on the shares. The analyst views Duke’s sale of its Commercial Renewables Segment to Brookfield Renewable Partners as attractive for both companies. Duke completes its transition to a fully regulated utility and Brookfield continues on its capital recycling machine for renewable assets, the analyst tells investors in a research note.
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Published first on TheFly
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