Wall Street Analysts Are Bullish on Top Utilities Picks
There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Duke Energy (DUK) and ONE Gas (OGS) with bullish sentiments.
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Duke Energy (DUK)
In a report released today, Andrew Weisel from Scotiabank maintained a Buy rating on Duke Energy, with a price target of $146.00. The company’s shares closed last Wednesday at $123.90.
According to TipRanks.com, Weisel is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Duke Energy with a $138.31 average price target, implying a 10.3% upside from current levels. In a report issued on July 23, KeyBanc also upgraded the stock to Buy with a $139.00 price target.
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ONE Gas (OGS)
In a report released today, Richard Sunderland from Truist Financial maintained a Buy rating on ONE Gas. The company’s shares closed last Wednesday at $78.23, close to its 52-week high of $78.89.
According to TipRanks.com, Sunderland is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ONE Gas with a $89.00 average price target, which is a 14.6% upside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $87.00 price target.
Read More on DUK:
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- Duke Energy price target raised to $136 from $135 at Mizuho
- Duke Energy price target lowered to $132 from $134 at BMO Capital
- Duke Energy: Buy Rating Reaffirmed as Expanded Capex Supports Long-Term EPS Growth; $141 Price Target Maintained, Implied 12% Upside
- Duke Energy price target lowered to $132 from $140 at Barclays
- Duke Energy: Solid Q2 and Long-Term Growth Outlook Support Hold Rating, Price Target Reaffirmed at $138
