BMO Capital raised the firm’s price target on Duke Energy (DUK) to $128 from $123 and keeps an Outperform rating on the shares. The firm’s meeting with the company’s management team reaffirmed its positive outlook on shares, noting that BMO continues to see a low-touch regulatory calendar and defensive profile with a visible growth inflection driving multiple expansion with continued execution, the analyst tells investors in a research note.
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Read More on DUK:
- Major Stock Moves: Duke, Booking, Halliburton, Hims & Hers, Innovative
- Duke Energy price target raised to $135 from $132 at Guggenheim
- Duke Energy: Strong Financial Performance and Strategic Investments Justify Buy Rating
- Duke Energy price target raised to $132 from $129 at Jefferies
- Duke Energy: Strong Growth Prospects and Financial Strategy Justify Buy Rating
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