BMO Capital raised the firm’s price target on Duke Energy (DUK) to $143 from $136 and keeps an Outperform rating on the shares ahead of its Q1 results. Investors will focus on regulatory updates, including the ongoing NC rate case and IURC listening meetings as well as continued large load onboarding activity with the company’s forecasts reflecting only the minimum 75% data center take, leaving room for earnings/growth upside into 2028, the analyst tells investors in a research note.
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