Barclays analyst Nicholas Campanella raised the firm’s price target on Duke Energy (DUK) to $123 from $111 and keeps an Overweight rating on the shares. The firm updated power and utility models following the tariff announcements.
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Read More on DUK:
- Duke Energy: A Defensive Investment with Strong Growth Potential and Stability
- Duke Energy announces Harry Sideris assumes CEO role
- Duke Energy’s largest nuclear plant receives approval to extend operations
- Duke Energy’s Strategic Investments and Growth Prospects Justify Buy Rating
- Duke Energy price target raised to $128 from $123 at Morgan Stanley