Duke Energy price target raised to $142 from $130 at Citi

Citi raised the firm’s price target on Duke Energy (DUK) to $142 from $130 and keeps a Buy rating on the shares. The company used the recent capital market strength in Q1 to sell 53% of at-the-market and 40% of debt 2025 plan, the analyst tells investors in a research note. The firm says that while not the best market signal, it was likely better than planned pricing.