tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Duke Energy price target raised to $108 from $104 at BMO Capital

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.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1