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Duke Energy price target raised to $138 from $128 at BofA

BofA raised the firm’s price target on Duke Energy (DUK) to $138 from $128 and keeps a Neutral rating on the shares. The firm, which expects Duke to report Q3 operating earnings of $1.75, versus consensus expectations of $1.72 per share, also expects the company will reaffirm its FY25 EPS guidance of $6.17-$6.42, the analyst tells investors in a preview. While noting that Duke may provide some directional guidance for 2026, the firm does not expect specific EPS guidance or a comprehensive financial update until the Q4 call, the analyst noted.

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