BMO Capital analyst James Thalacker raised the firm’s price target on Duke Energy to $108 from $104 and keeps an Outperform rating on the shares after its Q1 earnings beat. The continued tailwinds of load growth and associated capital opportunities continue to strengthen the sustainability of the company’s 5%-7% growth rate target through 2028, with the potential to support the higher end in the out years if it materializes as forecast, the analyst tells investors in a research note.
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Read More on DUK:
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