A number of stock research firms have changed their ratings and price targets for Duke Energy (NYSE: DUK) during the last seven days:

  • Duke Energy had its “outperform” rating reaffirmed by analysts at Macquarie. They now have a $70.00 price target on the stock.
  • Duke Energy was upgraded by analysts at Citigroup from a “neutral” rating to a “buy” rating. They now have a $72.00 price target on the stock. They wrote, “In short, we believe DUK’s recent underperformance now merits an attractive entry point. Investor concerns remain centered on Crystal River nuclear Unit 3 and the outcomes of upcoming Carolina rate cases. Complete resolution of both processes is likely several months away. However, establishing conservative base case estimates for potential outcomes yields forward EPS estimates only slightly below consensus. This suggests uncertainty has defaulted investors to an overly pessimistic perspective – creating an attractive entry point into shares of DUK.”
  • Duke Energy had its “sector perform” rating reaffirmed by analysts at RBC Capital. They now have a $70.00 price target on the stock.
  • Duke Energy had its “market perform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $69.00 price target on the stock.
  • Duke Energy was upgraded by analysts at JPMorgan Chase from an “underweight” rating to an “overweight” rating. They now have a $71.00 price target on the stock.
  • Duke Energy had its “equalweight” rating reaffirmed by analysts at Barclays Capital. They now have a $72.00 price target on the stock.

Duke Energy Co. traded up 0.67% on Thursday, hitting $64.75. Duke Energy Co. has a 1-year low of $58.74 and a 1-year high of $71.13. The company has a market cap of $45.592 billion and a price-to-earnings ratio of 19.13.

Duke Energy Corporation (Duke Energy) is an energy company. Duke Energy’s segments are U.S. Franchised Electric and Gas (USFE&G), Commercial Power and International Energy.