Duke Energy price target raised to $128 from $120 at Scotiabank

Scotiabank analyst Andrew Weisel raised the firm’s price target on Duke Energy (DUK) to $128 from $120 and keeps a Sector Perform rating on the shares. While upside may be limited, the firm believes many investors should be attracted to the company’s straightforward, clean story, which is “somewhat of a rarity among large cap regulated utilities,” the analyst tells investors.