Morgan Stanley lowered the firm’s price target on Duke Energy (DUK) to $124 from $125 and keeps an Equal Weight rating on the shares. The firm is updating its price targets for stocks in the Regulated & Diversified Utilities / IPPs North America sector, noting utilities underperformed the S&P in May, the analyst tells investors.
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- Duke Energy price target raised to $127 from $126 at UBS
- Duke Energy price target lowered to $125 from $126 at Morgan Stanley
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