Analysts Offer Insights on Utilities Companies: Duke Energy (DUK) and Public Service Enterprise (PEG)
Analysts have been eager to weigh in on the Utilities sector with new ratings on Duke Energy (DUK) and Public Service Enterprise (PEG).
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Duke Energy (DUK)
In a report released today, Richard Sunderland from Truist Financial maintained a Buy rating on Duke Energy. The company’s shares closed last Wednesday at $122.85.
According to TipRanks.com, Sunderland is a 3-star analyst with an average return of
Currently, the analyst consensus on Duke Energy is a Moderate Buy with an average price target of $138.31, representing an 11.2% upside. In a report issued on July 23, KeyBanc also upgraded the stock to Buy with a $139.00 price target.
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Public Service Enterprise (PEG)
Goldman Sachs analyst Carly Davenport maintained a Hold rating on Public Service Enterprise yesterday and set a price target of $86.00. The company’s shares closed last Wednesday at $75.23.
According to TipRanks.com, Davenport is a 3-star analyst with an average return of
Currently, the analyst consensus on Public Service Enterprise is a Moderate Buy with an average price target of $85.80, representing a 12.7% upside. In a report released today, TipRanks – PerPlexity also downgraded the stock to Hold with a $83.00 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
