Citigroup downgraded shares of Duke Energy (NYSE: DUK) from a buy rating to a neutral rating in a research note released on Friday morning. They currently have $71.00 price target on the stock.

A number of other analysts have also recently weighed in on DUK. Analysts at Deutsche Bank downgraded shares of Duke Energy from a buy rating to a hold rating in a research note to investors on Friday. They now have a $69.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Sanford C. Bernstein reiterated a market perform rating on shares of Duke Energy in a research note to investors on Wednesday, February 27th. They now have a $69.00 price target on the stock. Finally, analysts at JPMorgan Chase raised their price target on shares of Duke Energy to $75.00 in a research note to investors on Monday, February 25th.

Shares of Duke Energy traded up 0.65% during mid-day trading on Friday, hitting $70.16. Duke Energy has a one year low of $59.63 and a one year high of $71.13. The stock’s 50-day moving average is currently $68.32. The company has a market cap of $49.393 billion and a P/E ratio of 22.68.

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