Duke Energy resumed with a Sector Perform at RBC Capital

RBC Capital analyst Stephen D’Ambrisi resumed coverage of Duke Energy (DUK) with a Sector Perform rating and $143 price target Over the last two years, Duke has high graded the portfolio, improved the balance sheet, and secured better regulatory structures, the analyst tells investors in a research note. The firm added it believes the recent 2%-3% outperformance and current 1% premium compared to the large cap regulated electric group adequately reflect the improvements the company has achieved over the past year.