BMO Capital raised the firm’s price target on Duke Energy (DUK) to $135 from $132 and keeps an Outperform rating on the shares. The firm anticipates limited updates until the Q4 call, where the company updates its comprehensive five-year outlook roll-forward, though BMO also expects the focus for the quarter to be on incremental load growth and associated CapEx as well as a regulatory update, the analyst tells investors in a research note.
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