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Analysts Are Neutral on These Utilities Stocks: Duke Energy (DUK), Pinnacle West Capital (PNW)

Tipranks - Wed May 6, 9:32AM CDT

Analysts fell to the sidelines weighing in on Duke Energy (DUK) and Pinnacle West Capital (PNW) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Duke Energy (DUK)

In a report released today, Nicholas Amicucci from Evercore ISI maintained a Hold rating on Duke Energy, with a price target of $139.00. The company’s shares closed last Tuesday at $128.03.

According to TipRanks.com, Amicucci is a 4-star analyst with an average return of 15.5% and a 58.7% success rate. Amicucci covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

Duke Energy has an analyst consensus of Moderate Buy, with a price target consensus of $139.40, representing an 8.1% upside. In a report issued on April 21, Wells Fargo also maintained a Hold rating on the stock with a $136.00 price target.

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Pinnacle West Capital (PNW)

Truist Financial analyst Richard Sunderland maintained a Hold rating on Pinnacle West Capital today. The company’s shares closed last Tuesday at $101.93.

According to TipRanks.com, Sunderland is a 4-star analyst with an average return of 4.6% and a 57.6% success rate. Sunderland covers the Utilities sector, focusing on stocks such as Edison International, Centerpoint Energy, and Dominion Energy. ;'>

Pinnacle West Capital has an analyst consensus of Hold, with a price target consensus of $103.33, representing a 1.2% upside. In a report issued on April 21, Wells Fargo also maintained a Hold rating on the stock with a $106.00 price target.

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